Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/309397678?client_source=feed&format=rss
Friday, May 31, 2013
1 Mission.: Treating mental illness in childhood can make all the ...
It's awe inspiring what the brain can do. As a child, our brain goes through rapid changes as it develops. The brain is able at a young age to learn, grow and develop as the most complex organ in our body. This is why diagnosing and treating mental illness at a young age is so crucial. The earlier treatment for a mental illness begins, the better chance a child has developing into a healthy individual. At that age with the proper treatment, the brain can be trained to overcome the developmental disabilities that can go on to cripple adults.
Here are some facts to consider when looking at children with mental illness, via Metro NY:
Here are some facts to consider when looking at children with mental illness, via Metro NY:
- Four million children and adolescents in this country suffer from a serious mental disorder that causes significant functional impairments at home, at school and with peers.
- Half of all lifetime cases of mental disorders begin by age 14. Despite effective treatments, there are long delays, sometimes decades, between the first onset of symptoms and when people seek and receive treatment. An untreated mental disorder can lead to a more severe, more difficult to treat illness and to the development of co-occurring mental illnesses.
- Approximately 50 percent of students age 14 and older who are living with a mental illness drop out of high school. This is the highest dropout rate of any disability group
- Early and effective mental health treatment can prevent a significant proportion of delinquent and violent youth from future violence and crime. It also enables children and adolescents to succeed in school, to develop socially and to fully experience the developmental opportunities of childhood.
The final one we'll give you is arguably the most important: in any given year, only 20 percent of children with mental disorders are identified and receive mental health services. With mental health numbers increasing each year, it's important now more than ever to make sure that all children receive the help they need.?
The full article from Metro NY can be found here.Source: http://jbfcs.blogspot.com/2013/05/treating-mental-illness-in-childhood.html
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Obama seeks to cut payments to federal contractors
WASHINGTON (AP) -- The Obama administration says it can save hundreds of millions of dollars a year by cutting payments to some federal contractors, but it needs backing from a Congress that has ignored the president's prior calls to change the reimbursement formula.
White House budget officials said Thursday they will soon send lawmakers a proposal to tie the reimbursement cap to the president's salary.
Under the plan, the cap would increase any time the president gets a pay raise and by a corresponding amount.
The cap is currently set by law and adjusted annually. Officials say it has increased by more than 300 percent since it started at $250,000 in the mid-1990s.
The cap was $763,000 in fiscal year 2011. It is set to top $950,000 for the current fiscal year.
Source: http://news.yahoo.com/obama-seeks-cut-payments-federal-210653687.html
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New Graphene Camera Sensors Are 1,000 Times More Sensitive to Light
Not content to just turn paint into a power source
     |
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Celebrities Accidentally Flash Their Underwear (PHOTOS)
Stacy Keibler got social media sites swirling this week after a photo of her flashing her pink G-string hit the web.
George Clooney's other-half suffered the embarrassing wardrobe malfunction while at the Monaco Grand Prix on May 25, obviously forgetting to zip up her red romper.
Still, Keibler got a kick out of her fashion faux-pas, tweeting:
But let's not forget, Clooney's girl isn't the only female star to accidentally flash her skivvies.
Let's take a look at some other celebs who unintentionally gave us quite the show:
Also on HuffPost:
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Slide in UK business lending undercuts improved consumer morale
By David Milliken
LONDON (Reuters) - British business lending fell sharply last month, raising questions about the durability of an economic recovery that has helped lift consumer sentiment to a six-month high.
Britain's government and central bank are concerned that poor access to finance, particularly for smaller firms, may thwart a sustainable recovery from the country's worst slump in decades, and data on Friday showed the scale of the problem.
Net business lending dropped by 3.0 billion pounds in April to stand 4 percent lower than a year earlier, despite a central bank programme to boost credit to households and businesses, Bank of England figures showed on Friday.
Similar seasonally adjusted data showed a 1.2 billion pound monthly drop, and lending to small businesses alone also fell.
"It's a disappointing set of numbers," said Societe Generale economist Brian Hilliard. "The problem getting credit to small and medium-sized enterprises seems to be pretty intractable, and it be may be more of a demand-side issue than a supply-side one."
The Funding for Lending Scheme (FLS) has lowered banks' finance costs and made mortgages cheaper since it opened in August. The bank's data showed mortgage lending had shot up.
But the FLS has had less impact on small business lending, and last month the Bank modified the scheme to encourage banks to favour this kind of lending over mortgages, which are simpler to administer.
Britain's economy is in a state of fragile recovery after contracting for much of 2012, and earlier on Friday the British Chambers of Commerce raised its growth forecasts for the first time since the financial crisis.
The economy grew a stronger-than-expected 0.3 percent in the first three months of 2013. Purchasing managers' surveys suggest steady expansion continued in April, and a GfK survey on Friday showed consumer sentiment hit a six-month high in May, with its main balance rising to -22 from April's -27.
"There are now some real signs that consumers, while hardly confident, are moving out of the feeling of despondency that the country has been mired in for the last year or so," said Nick Moon, managing director of social research at GfK.
FRAGILE RECOVERY
Britain's financial crisis and subsequent falls in output and above-target inflation have reduced living standards to their lowest in almost a decade, sapping consumer demand.
But more recently the Bank has offered a stronger outlook for growth and a lower path for inflation for the first time since the crisis, offering hope that pain for consumers will ease.
However, the BCC - which expects growth of 0.9 percent this year, slightly above economists' consensus - warned that the recovery was not yet on a solid footing.
"Economic growth is still too weak, and the pace of recovery will remain unduly slow for a while yet. We are still a far cry from getting the economy fully back on track," said BCC director-general John Longworth.
The one part of the economy that does seem to be picking up is the housing market, which is benefiting from the FLS and government plans to offer subsidised mortgages.
Lender Nationwide reported the fastest annual house price growth in 18 months on Thursday, and the Bank figures showed an 875 million pound increase in net mortgage lending, well above expectations in a Reuters poll for a 500 million pound rise.
Mortgage approvals, which are a leading indicator for lending and house prices stood at their highest level since January at 53,710, though this still represented a smaller increase than economists had forecast. It is also well below pre-crisis levels of around 90,000 a month.
Net unsecured consumer lending rose by 524 million pounds, above expectations but the smallest rise since January.
(Additional reporting by William Schomberg and Christina Fincher; editing by Ron Askew)
Source: http://news.yahoo.com/slide-uk-business-lending-undercuts-improved-consumer-morale-115210894.html
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Russian critic: Wide corruption at Sochi games
MOSCOW (AP) ? Russian officials and businessmen have stolen billions of dollars during the years of preparations for the 2014 Winter Games in Sochi, a prominent Russian opposition figure claimed Thursday.
Boris Nemtsov, a former Russian deputy prime minister-turned-Kremlin critic, and an associate said in a report released Thursday that up to $30 billion was stolen in the run-up to the games in the southern Russian city.
Russia had originally announced in 2007 that the 2014 games would cost about $12 billion. Within six years, that estimate went up to $51 billion, making Sochi the most expensive Olympics in history, winter or summer. In contrast, the 2012 London Summer Olympics cost $14.3 billion.
Nemtsov arrived at the figure of $30 billion by comparing the initial cost estimate of the games with the final $51-billion price tag and with typical cost overruns at previous Olympics. He also compared the per-seat cost of Sochi's Olympic stadium with stadiums at previous games.
Nemtsov said the difference between the initial and final costs of Olympic games in the past 14 years was two-fold on average ? in contrast to four-fold in Sochi's case.
"We account this irregularity for corruption, fraud, sloppiness and unprofessionalism," Nemtsov said at a press conference in Moscow.
Nemtsov did not provide a specific breakdown of the overruns that formed the basis of his $30 billion estimate of corruption.
"It's up to investigators to do so," he said.
Russia is notorious for the extensive corruption that prevails in many fields, especially in construction, and the number of new venues needed to host the games in Sochi could have offered ample opportunities for graft.
Preparations for the Sochi games included not only building an Olympic stadium, three Olympic villages, a ski jump, hockey arenas, Alpine facilities and an Olympic cross-country venue, but major upgrades to the city's roads, bridges, hotels, trains, port, airport and its underlying power grid.
Alexander Zhukov, president of the Russian Olympic Committee, said he needed time to analyze the figures in Nemtsov's report but expressed confidence that Russian prosecutors and the Audit Chamber are keeping an eye on Olympic costs.
Zhukov defended some of the cost overruns, however, explaining that authorities had to build additional infrastructure at some of the venues, thus raising the total cost.
Jean-Claude Killy, the French Alpine star who now heads the International Olympic Committee's coordination commission for the Sochi games, sounded fatalistic about the potential for corruption in the Russian city on the Black Sea.
"I don't recall an Olympics without corruption," Killy said. "It's not an excuse, obviously, and I'm very sorry about it, but there might be corruption in this country, there was corruption before. I hope we find ways around that."
Mark Adams, an IOC spokesman who is in St. Petersburg, where the IOC executive board is meeting, said there are two budgets for the Olympic Games. The organizing committee's budget includes money from the IOC, but the government also earmarks funds for infrastructure projects.
"For us, the IOC, the budget is normal, we don't see any issues there at all," Adams said. "For the other I would refer you to the Russian government for more details on what they're trying to achieve, what the budget will go for."
In general, he said, Russia seems to be taking Olympics corruption seriously, and addressing the issue "pretty much head-on from the president down."
State auditors at Russia's Audit Chamber have repeatedly voiced concerns about the skyrocketing overruns at Sochi and have issued recommendations that prosecutors look into some of them.
Russian officials have filed numerous charges against officials at the state contractor Olympstroi and their sub-contractors. None of them has ever yet resulted in charges or a trial.
The Sochi Olympics will run from Feb. 7 to 23.
___
Jim Heintz and Irina Titova contributed to this report from St. Petersburg, Russia.
Source: http://news.yahoo.com/russian-critic-wide-corruption-sochi-games-131742967.html
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'Is there a doctor on board? Travelers play valuable role assisting crew in common medical emergencies on flights
May 29, 2013 ? Medical emergencies during commercial airline travel can be a frightening experience, but most situations are well-treated by other passengers and flight attendants, in collaboration with consulting physicians on the ground. A University of Pittsburgh study to be published in the May 30 issue of the New England Journal of Medicine found that doctors, nurses and other medical professionals on the aircraft helped to treat sick fellow passengers in three-fourths of the emergencies studied.
Led by Christian Martin-Gill, M.D., M.P.H., assistant professor of emergency medicine, Department of Emergency Medicine, University of Pittsburgh School of Medicine, the study examined records of in-flight medical calls from five domestic and international airlines to UPMC's STAT-MD Communications Center, a 24-hour, physician-directed medical command center, from Jan. 1, 2008, through Oct. 31, 2010. Although not required to by the Federal Aviation Administration (FAA), many airlines use a medical communications facility to consult with physicians on the ground. STAT-MD handled 11,920 in-flight medical calls during the study period. The most common in-flight problems reported were syncope (fainting) or near-syncope, respiratory symptoms, nausea or vomiting, and cardiac symptoms.
Physician passengers provided medical assistance in nearly half of those calls, according to the researchers. Other medical professionals, such as nurses and emergency medical technicians, provided help in another 28 percent of the calls. Flights were diverted to alternate destinations because of medical concerns in only 7.3 percent of the incidents.
Most of the passengers who were treated in-flight had favorable outcomes. According to data for nearly 11,000 of those patients, 25.8 percent were transported to a hospital by emergency medical services; 8.6 percent were admitted, and 0.3 percent died, either on board the aircraft or upon transport to the hospital. The most common causes for admission to a hospital were stroke, respiratory and cardiac symptoms.
The study found that most calls could be managed by the flight attendants, who are trained in emergency protocols and have access to an FAA-required emergency medical kit, along with medical volunteers in the majority of cases. In these cases, ground-based physician consultants provided additional guidance, including use of specific medications in the kit, and assisting the pilot and crew in making decisions regarding need for diversion of the aircraft.
"We wanted to provide a description of the type of emergencies commonly treated on an aircraft, identify the outcomes of these patients and provide an understanding of the treatment capabilities available on the aircraft in the medical kit and through experts on the ground," said Dr. Martin-Gill.
The researchers suggest physicians and others obtain a basic knowledge and awareness of the resources available to them in this unfamiliar and cramped setting to be effective volunteers during an in-flight emergency.
"Commercial air travel is generally safe, and in-flight deaths are rare," said Dr. Martin-Gill. "We hope to look more closely at the most common conditions and which ones require follow-up care so we can better tailor treatment recommendations for passengers."
Co-authors of the paper include Drew Peterson, M.D., Francis Guyette, M.D., M.P.H., Adam Tobias, M.D., M.P.H., Catherine McCarthy, B.S., Scott Harrington, M.D., Theodore Delbridge, M.D., M.P.H., and Donald Yealy, M.D., through the Department of Emergency Medicine, University of Pittsburgh School of Medicine.
The work was funded by National Institutes of Health grants UL1 RR024153 and UL1 TR000005.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/~3/uF0KNYOLFTM/130529191043.htm
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Russians find mammoth carcass with liquid blood
In this image made available on Thursday, May 30, 2013 from Rossiya television a mammoth carcass lies in snow on the Arctic Lyakhovsky Island, Russia. Russian researchers say they have discovered a perfectly preserved woolly mammoth carcass with liquid blood on a remote Arctic island, fueling hopes of cloning the Ice Age animal. The frozen remains of a female mammoth were so well preserved that blood came running out after it was recovered from ice. (AP Photo/Rossiya Television, AP Video) TV OUT
In this image made available on Thursday, May 30, 2013 from Rossiya television a mammoth carcass lies in snow on the Arctic Lyakhovsky Island, Russia. Russian researchers say they have discovered a perfectly preserved woolly mammoth carcass with liquid blood on a remote Arctic island, fueling hopes of cloning the Ice Age animal. The frozen remains of a female mammoth were so well preserved that blood came running out after it was recovered from ice. (AP Photo/Rossiya Television, AP Video) TV OUT
MOSCOW (AP) ? Russian researchers say they have discovered a perfectly preserved woolly mammoth carcass with liquid blood on a remote Arctic island, fueling hopes of cloning the Ice Age animal.
They say the frozen remains of a female mammoth were so well-preserved that blood was found in ice cavities when they were broken up.
Semyon Grigoryev, the head of the Mammoth Museum who led the expedition, said Thursday the carcass was preserved because its lower part was stuck in pure ice. He said the find could provide scientific material for cloning a mammoth.
Wooly mammoths are thought to have died out about 10,000 years ago. Scientists have deciphered much of the animals' genetic code from their hair, and some believe it's possible to clone them if living cells are found.
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Thursday, May 30, 2013
UN mulls ethics of 'killer robots'
29 May 2013
Last updated at 23:12 ET
So-called killer robots are due to be discussed at the UN Human Rights Council, meeting in Geneva.
A report presented to the meeting will call for a moratorium on their use while the ethical questions they raise are debated.
The robots are machines programmed in advance to take out people or targets, which - unlike drones - operate autonomously on the battlefield.
They are being developed by the US, UK and Israel, but have not yet been used.
Supporters say the "lethal autonomous robots", as they are technically known, could save lives, by reducing the number of soldiers on the battlefield.
But human rights groups argue they raise serious moral questions about how we wage war, reports the BBC's Imogen Foulkes in Geneva.
They include: Who takes the final decision to kill? Can a robot really distinguish between a military target and civilians?
If there are serious civilian casualties, they ask, who is to be held responsible? After all, a robot cannot be prosecuted for a war crime.
"The traditional approach is that there is a warrior, and there is a weapon," says Christof Heyns, the UN expert examining their use, "but what we now see is that the weapon becomes the warrior, the weapon takes the decision itself."
The moratorium called for by the UN report is not the complete ban human rights groups want, but it will give time to answer some of those questions, our correspondent says.
Source: http://www.bbc.co.uk/news/world-europe-22712752#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
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Ethan Hawke Reminded Of Trayvon Martin, Sandy Hook Tragedies During 'The Purge'
By Chris Kim Imagine a world where crime and unemployment are nonexistent because, for one night a year, all criminal activity is legal. Emergency services are suspended for this 12-hour period so that the whole country can regulate itself without fear of punishment. Take that premise, set it up as a home invasion thriller with [...]
Source: http://moviesblog.mtv.com/2013/05/30/ethan-hawke-trayvon-martin-sandy-hook-purge/
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Slo-Mo Footage Reveals How Pigeons Make That Clapping Sound At Takeoff
They're one of the most annoying things about living in a big city, but pigeons?aka the rats of the sky?have developed a pretty clever defense mechanism designed to scare off attackers: a loud and repeated clapping noise that you probably hear when you scare an annoying pigeon into fleeing.
As BBC Earth Productions discovered by studying a pigeon's takeoff with a high-speed camera, the noise seems to be generated as the bird's muscular wings and stiff feathers clap together on the upswing. The footage also reveals how graceful a pigeon and almost makes you want to like them, until you remember the mountain of crap on your air conditioner and reach for a broom.
Source: http://gizmodo.com/slo-mo-footage-reveals-how-pigeons-make-that-clapping-s-510464810
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High-efficiency zinc-air battery developed
May 29, 2013 ? Stanford University scientists have developed an advanced zinc-air battery with higher catalytic activity and durability than similar batteries made with costly platinum and iridium catalysts. The results, published in the May 7 online edition of the journal Nature Communications, could lead to the development of a low-cost alternative to conventional lithium-ion batteries widely used today.
"There have been increasing demands for high-performance, inexpensive and safe batteries for portable electronics, electric vehicles and other energy storage applications," said Hongjie Dai, a professor chemistry at Stanford and lead author of the study. "Metal-air batteries offer a possible low-cost solution."
According to Dai, most attention has focused on lithium-ion batteries, despite their limited energy density (energy stored per unit volume), high cost and safety problems. "With ample supply of oxygen from the atmosphere, metal-air batteries have drastically higher theoretical energy density than either traditional aqueous batteries or lithium-ion batteries," he said. "Among them, zinc-air is technically and economically the most viable option."
Zinc-air batteries combine atmospheric oxygen and zinc metal in a liquid alkaline electrolyte to generate electricity with a byproduct of zinc oxide. When the process is reversed during recharging, oxygen and zinc metal are regenerated.
"Zinc-air batteries are attractive because of the abundance and low cost of zinc metal, as well as the non-flammable nature of aqueous electrolytes, which make the batteries inherently safe to operate," Dai said. "Primary (non-rechargeable) zinc-air batteries have been commercialized for medical and telecommunication applications with limited power density. However, it remains a grand challenge to develop electrically rechargeable batteries, with the stumbling blocks being the lack of efficient and robust air catalysts, as well as the limited cycle life of the zinc electrodes."
Active and durable electrocatalysts on the air electrode are required to catalyze the oxygen-reduction reaction during discharge and the oxygen-evolution reaction during recharge. In zinc-air batteries, both catalytic reactions are sluggish, Dai said.
Recently, his group has developed a number of high-performance electrocatalysts made with non-precious metal oxide or nanocrystals hybridized with carbon nanotubes. These catalysts produced higher catalytic activity and durability in alkaline electrolytes than catalysts made with platinum and other precious metals.
"We found that similar catalysts greatly boosted the performance of zinc-air batteries," Dai said. both primary and rechargeable. "A combination of a cobalt-oxide hybrid air catalyst for oxygen reduction and a nickel-iron hydroxide hybrid air catalyst for oxygen evolution resulted in a record high-energy efficiency for a zinc-air battery, with a high specific energy density more than twice that of lithium-ion technology."
The novel battery also demonstrated good reversibility and stability over long charge and discharge cycles over several weeks. "This work could be an important step toward developing practical rechargeable zinc-air batteries, even though other challenges relating to the zinc electrode and electrolyte remain to be solved," Dai added.
Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/EDYgF5Zc5W0/130529154646.htm
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MacBreak Weekly 352: Black and White and Flat All Over
Leo Laporte, Andy Ihnatko, Alex Lindsay, and I discuss WWDC, the new iOS, possibly a new iWatch, and more.
Subscribe and download: TWiT.tv
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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/1SVw8b4Zq6c/story01.htm
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Register for Summer Rec Programs This Week - Collingswood, NJ ...
Although the summer is rapidly approaching, there's lots for kids and teens to do in the weeks while school is out of session.
Registration for the Collingswood Recreation Department summer programs will be held?Wednesday and Thursday at Collingswood Borough Hall from 6 to 7:30 p.m.?
The list of activities is extensive, ranging from outdoors-y stuff like swimming and archery to library programs, theater production and sports camps. For a closer look, click the PDF attached to this story.
Source: http://collingswood.patch.com/articles/register-for-summer-rec-programs-this-week
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Heatsink Coasters Cool Hot Beverages While Protecting Your Furniture
If they're good enough to keep temperatures under control inside your electronics, it only makes sense that a simple aluminum heatsink would be just as effective at taming a piping hot cup of coffee. Not to mention providing plenty of tiny channels for condensation to collect instead of dripping onto your furniture and leaving unsightly rings.
These Fin Coasters feature a thin cork underlay further protecting the surface of your tables from scratches and excess heat. And since this is a highly engineered way to deal with hot beverages, it only makes sense that a set of two?available in silver or black finishes?will set you back $65. A tad bit pricey, but your furniture will thank you for splurging.
Source: http://gizmodo.com/heatsink-coasters-cool-hot-beverages-while-protecting-y-510120253
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Wednesday, May 29, 2013
US consumer confidence rises in May to 5-year high
In this Thursday, May 9 2013, photo, two shoppers are reflected in the mirror at a shopping mall in Costa Mesa, Calif. The private Conference Board reports on consumer confidence for May on Tuesday, May 28, 2013. (AP Photo/Jae C. Hong)
In this Thursday, May 9 2013, photo, two shoppers are reflected in the mirror at a shopping mall in Costa Mesa, Calif. The private Conference Board reports on consumer confidence for May on Tuesday, May 28, 2013. (AP Photo/Jae C. Hong)
WASHINGTON (AP) ? Americans' confidence in the economy jumped in May to a five-year high, lifted by a better outlook for hiring, rising home prices and more optimism about business conditions. The increase suggests consumers may keep boosting economic growth this year.
The Conference Board, a New York-based private research group, said Tuesday that its consumer confidence index rose in May to 76.2. That's up from a reading of 69.0 in April and the highest since February 2008.
The jump in confidence followed a separate report that showed the housing recovery is strengthening.
Home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006, according to the Standard & Poor's/Case Shiller 20-city index. All 20 cities showed year-over-year gains.
The reports contributed to a strong day on Wall Street. The Dow Jones industrial average surged more than 177 points in early morning trading. Broader indexes also jumped.
Consumers' confidence in the economy is watched closely because their spending accounts for about 70 percent of U.S. economic activity.
Conference Board economist Lynn Franco said Americans are more optimistic after worrying earlier in the year about higher taxes and federal spending cuts.
Higher home prices and stocks gains are making Americans feel wealthier. That has offset some of the pinch from the tax increase and kept consumers spending.
And the job market has improved steadily over the past six months. The economy has added an average of 208,000 jobs a month since November. That's well above the monthly average of 138,000 during the previous six months.
"U.S. consumers were decidedly more confident in May," said Jennifer Lee, senior economist at BMO Capital Markets. She attributed the gain to "steady job growth, record high equity markets and rising home values."
The unemployment has fallen to a four-year low of 7.5 percent. Some of the decrease is because many people have given up looking for work. The government counts people as unemployed only if they are actively searching for a job.
The overall economy grew at an annual rate of 2.5 percent in the January-March quarter, up from a rate of just 0.4 percent in the October-December quarter. The fastest expansion in consumer spending in more than two years drove economic growth in the first quarter.
Many economists expect growth is slowing slightly in the current April-June quarter to a rate of between 2 percent and 2.5 percent. But there is hope among some economists that growth will strengthen in the second half of this year, boosted by the gains in housing and employment.
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U.S. shuts digital money system it suspects of criminal links
By Emily Flitter
NEW YORK (Reuters) - U.S. authorities revealed on Tuesday they have shut down a Costa Rica-based money transfer company they said helped cyber criminals around the world launder around $6 billion in illicit funds using digital currency.
In a statement, officials said authorities in Spain, Costa Rica and New York arrested five people on Friday and seized bank accounts and Internet domains associated with the company, Liberty Reserve.
Costa Rican prosecutor Jos? Pablo Gonz?lez said Liberty Reserve and related businesses were used to launder funds from child pornography websites and drug trafficking.
Digital currency is made up of transferable units that can be exchanged for cash. Over the past decade, its use has expanded, attracting attention from the media and Wall Street. The most widely known digital currency is called Bitcoin. Liberty Reserve's currency was not connected to Bitcoin.
Along with the five arrests, prosecutors filed charges against two more company employees, who were still at large in Costa Rica.
According to an indictment filed in U.S. District Court for the Southern District of New York, "Liberty Reserve has emerged as one of the principal means by which cyber-criminals around the world distribute, store and launder the proceeds of their illegal activity."
The indictment said the company had more than a million users worldwide, including at least 200,000 in the United States, and virtually all of its business was related to suspected criminal activity.
The company's founder, Arthur Budovsky, was arrested, along with his deputy, Azzedine El Amine; co-founder Vladimir Kats, and two technology designers, Maxim Chukarev and Mark Marmilev. The two still at large are Ahmed Yassine Abdelghani and Allan Esteban Hidalgo Jimenez, who at various times managed the company's day-to-day operations. According to the indictment, almost all of the men used the alias, Eric Paltz.
According to the indictment, Liberty Reserve's currency unit was called the "LR." The company's users opened accounts at Liberty Reserve giving only a name, address and date of birth that the company made no attempt to verify. Once a user had a Liberty Reserve account, he or she could use cash to purchase LRs from third-party exchange merchants, which traded LRs with each other in bulk and charged fees to make the exchanges between LRs and hard cash.
Liberty Reserve users could transfer the digital currency units called LRs to each other, to be redeemed in different parts of the world for cash using the third-party exchange companies. The indictment said Liberty Reserve did not collect any banking or transaction information from the third-party exchange companies. It also let its users hide their Liberty Exchange account numbers when making transactions, which offered another opportunity for the users to mask their true identities.
The company processed around 12 million financial transactions per year. Since it began operating in 2006, the indictment said, Liberty Reserve laundered around $6 billion in criminal proceeds.
On Tuesday, the company's website, www.libertyreserve.com, displayed the message: "This domain name has been seized by the United States Global Illicit Financial Team."
It was not clear whether the people arrested in Spain and Costa Rica would be extradited to the United States or when the two people arrested in Brooklyn, New York, would appear in court.
A spokeswoman for the U.S. Attorney for the Southern District of New York declined to comment.
Regulatory obligations to combat money laundering have emerged as a major challenge to digital currency firms. The U.S. Treasury Department's anti-money laundering unit, the Financial Crimes Enforcement Network (FinCEN), issued guidance in March that labeled digital currency firms as money transmitters, thereby obliging them to enact anti-money laundering programs and register with FinCEN.
A top Bitcoin exchange, Mt. Gox, failed to register with FinCEN earlier this month and had its U.S. dollar accounts seized by authorities.
Over the past week, a Bitcoin unit has traded at around $130.
(Reporting by Emily Flitter in New York Additional reporting by Brett Wolf in St. Louis and Isabella Cota Schwarz in Costa Rica; Editing by Jeffrey Benkoe, Tim Dobbyn and Jan Paschal)
Source: http://news.yahoo.com/u-shuts-alleged-cyber-criminal-money-transfer-system-144155238.html
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Nature of Rights (Adapted) | Legal Education with a Purpose
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Source: http://lawschoolnerds.blogspot.com/2013/05/nature-of-rights-adapted.html
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The mirage that is financial literacy | Abnormal Returns
- abnormalreturns
- May 28th, 2013
This post originally appeared at the Amazon Money & Markets blog. Last month?s post looked at the fact that alternative investments are no longer all that alternative. Thanks for reading.
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At present the major stock market averages are hitting new all-time highs. From outward appearances it would seem that many middle class Americans would be benefiting from this recovery from the financial crisis. Unfortunately you would be wrong. Currently the smallest percentage of Americans since 1999 are invested at all the stock market. If anything the rebound in the stock market only highlights the cracks in the personal finances of Americans that were exposed by the housing bust and subsequent financial crisis.
The booming stock market aside there is a growing realization that the retirement system that we have put in place is not working. When Larry Fink the head of the world?s largest asset manager, Blackrock Inc., comes out in favor of additional mandatory savings and takes to task the asset management industry for selling products as opposed to solutions you have to think that there is something afoot.
That hope is difficult to find in the recently published, Pound Foolish: Exposing the Dark Side of the Personal Finance Industry by Helaine Olen.* The book is well worth a look as Olen takes to task pretty much the entire personal finance industry. Industry is in fact a good word to use because it highlights the fact that everyone providing the American public with financial advice is in some real way profiting from that advice. In short, caveat emptor.
That means you need to take everything you hear from the personal finance industry with a big grain of salt. While much of what personal finance gurus say is either wrong or exaggerated there is still a great benefit to learning manage your own finances. As Olen writes:
To be clear, I?m not arguing that all financial advice is useless.? Understand and controlling our own money is among the most empowering activities we can undertake.
There are plenty of villains in Olen?s book and few (if any) heroes. A certain class of personal finance gurus come under scrutiny by Olen. After chronicling the rise of personal finance as a legitimate news topic Olen goes on to profile and take to task a slew of big name gurus. These include in no particular order Suze Orman, Dave Ramsey, Robert Kiyosaki, Jean Chatzy and Jim Cramer. Not surprisingly a quick peek at the top-selling personal finance books on Amazon will see a heavy dose of these names.
Olen chronicles these personal finance stars because by understanding their rise we can better understand the sorry state of personal finance. Many of these personal finance personalities base their advice on their own colorful back stories. The problem is that oftentimes the lessons learned from these narratives are either wrong or contradictory but that does not prevent them from selling you their confident advice in increasingly aggressive (and expensive) ways.
Although these personal finance gurus are illustrative of the problems facing the personal finance industry. Olen notes that America?s institutions are failing consumers as well. At a time when middle class American incomes were stagnating we increasingly asked these Americans to be more responsible for their own financial futures. The steady decline of the defined benefit pension plan left Americans dealing with a mix of IRAs and 401(k) plans to fund their retirements. The financial crisis of 2007-09 showed the fragility of this system.
Nor according to Olen is the financial services industry trying to do much to solve these problems in any meaningful way. While spending money to promote financial literacy it is still the case that the financial services industry is built on fees and commissions. Whether it be the high fees charged to 401(k) participants or the high commissions paid when Americans purchase the many flavors of variable annuities it is a sad fact that most Americans don?t understand what they are paying for.
Echoing Fink if we were truly interested in helping Americans we would devise financial products that were cheap, transparent, simple and free of the ill-effects of leverage. While there have been some steps in that direction including the rise of ETF and index investments in general it is still the case that the financial services industry make money on our ignorance or inattention. It is not for nothing that few (if any) Americans have ever read their mortgage documents, or insurance contracts or mutual fund prospectuses in their entirety.
Olen covers a number of other topics including the financial media, especially CNBC. She examines the ways in which women are not well served by the financial services industry. Olen spends a chapter on the housing bubble and its outgrowth from middle class Americans to try and catch up financially during a period of income stagnation. She also tackles the topic of financial literacy and whether we can truly ever educate the American public about the nuances of personal finances.
Olen?s message, as stated in the book?s title, a dark one. Stock market gains aside there is little to be optimistic when it comes to the state of personal finance industry. One of Olen?s key takeaways is that government needs to provide the average investor with a better set of retirement saving solutions. A recent study comparing America?s retirement saving regime to other countries shows us lagging badly behind. In a recent post I echoed this challenge that Olen emphasizes in her book:
The challenge is that Baby Boomers who have seen the entire financial landscape change before their eyes are now reaching retirement age seemingly unprepared for it. While many in this demographic will suffer the consequences it is also society at-large that will also have to come to terms with these self-induced problems.?It would be naive to think that the financial service industry or its overseers in Washington will willingly push for much in the way of constructive change. In the end it may be the case that our financial goals are simply too ambitious and that we need to lower our sights. What is clear is that we as a society have failed and are continuing to fail the average saver.
In my book?I note how investing is an adult responsibility we all face whether we want to or not. Until there are wholesale changes in the way Americans financial lives are structured we are still largely on our own when it comes to our personal finances. The best we can do is try to become more knowledgeable about our finances and put into action clear, simple plans to reach our goals. Maybe we should pay attention to Kareem Abdul-Jabbar in Esquire when he talks about one of the thing he wish he?s known when he was 30:
Become financially literate.??Dude, where?s my money?? is the rallying cry of many ex-athletes who wonder what happened to all the big bucks they earned. Some suffer from unwise investments or crazy spending, and others from not paying close attention?Hey, Kareem at 30: learn about finances and stay on top of where your money is at all times. As the saying goes, ?Trust, but verify.?
*The author checked Olen?s book out, like a Luddite, from his local library.
Items mentioned:
The saddest thing about this epic stock market rally.? (Money Game)
Larry Fink?s radical retirement recommendation.? (Term Sheet)
Pound Foolish: Exposing the Dark Side of the Personal Finance Industry by Helaine Olen (Amazon)
Helaine Olen on the financial industry.? (Big Picture)
How they do it elsewhere.? (NYTimes)
Abnormal Returns: Winning Strategies from the Frontlines of the Investment Blogosphere by Tadas Viskanta? (Amazon)
Life Lessons with Kareem Abdul-Jabbar ? Kareem on What He Wished He?d Known at 30 (Esquire)
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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Study shows longer treatment for children with langerhans cell hystiocytosis improves survival rates
![[ Back to EurekAlert! ]](http://www.eurekalert.org/images/back2e.gif){kind=small}
Public release date: 29-May-2013[ | E-mail |
Share ] Contact: Emily Hartman
ehartman@childrensnational.org
202-476-4500
Children's National Medical Center
Washington, DCA new international study finds that prolonged, intense initial treatment in children with multi-system Langerhans cell histiocytosis (MS-LCH) can achieve survival rates as high as 84 percenta full 15 percent improvement over the previous clinical trial in this series.
The study, LCH-III, is published in Blood, the journal of the American Society of Hematology. It is the third in a series of international randomized clinical trials for LCH that spans twenty years initiated and coordinated by the Histiocyte Society, a group of more than 200 physicians and scientists worldwide. The LCH clinical trial series are the first randomized clinical trials for the treatment of LCH.
Langerhans cells are found throughout the body and help regulate the immune system. In LCH, the cells proliferate excessively in a single organ or in multiple organ systems, damaging surrounding tissue and producing a wide range of symptoms. LCH occurs most often in children and its cause is unknown. In the most serious cases, LCH affects "risk organs," such as the liver or lungs, and can be fatal.
In this study, high-risk patients received one or two six-week courses of chemotherapy, followed by milder continuation therapy in those who responded to the initial coursefor a combined 12 months of treatment. The overall five-year survival probability for these patients was 84 percentsubstantially higher than in the two preceding trials (62 percent for LCH-I and 69 percent for LCH-II), in which patients were treated for six months. Moreover, the five-year risk of disease reactivation was much lower (27 percent) than in comparable patients in the two earlier trials.
Lower-risk patients in this study who responded after an initial six-week course of treatment were randomly assigned to receive six or 12 months' total treatment. The longer 12-month treatment significantly decreased the disease reactivation rate (37 percent), compared to the six-month treatment group (54 percent).
The study authors note that the first 12 weeks of treatment seem to be a critical time for patient outcomes with MS-LCH and that "aggressive salvage therapy was quite effective in patients not responding to the protocol therapy"achieving a survival rate of 75 percent.
"These findings are real cause for hope for children with multi-system LCH, now that we have achieved improved survival rates in these three sequential studies," said senior author Stephan Ladisch, MD, a researcher in the Center for Cancer and Immunology Research at the Children's Research Institute and Professor of Pediatrics and Biochemistry/Molecular Biology at Children's National Medical Center. "The international collaboration in these trials has been essential to making significant progress against such a rare disorder, and children around the world will benefit from this research."
Results of the first LCH clinical trial were published in 2001 in the Journal of Pediatrics. Findings from the second trial were published in Blood in 2008. Goals for future trials include reduction of the remaining 15 percent mortality among patients with risk-organ involvement and reduction of the 30-40 percent disease reactivation rate.
###
Contact: Emily Hartman or Paula Darte, 202-476-4500
About Children's National Medical Center
Children's National Medical Center in Washington, DC, has been serving the nation's children since 1870. Home to Children's Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children's National is consistently ranked among the top pediatric hospitals by U.S.News & World Report and the Leapfrog Group. Children's National is a Magnet designated hospital. With 303 beds and eight regional outpatient centers, Children's National is the premier provider of acute pediatric services in the Washington metropolitan area. For more information, visit ChildrensNational.org, or follow us on Facebook and Twitter.
[ | E-mail | Share ] ?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Public release date: 29-May-2013[ | E-mail |
Share ] Contact: Emily Hartman
ehartman@childrensnational.org
202-476-4500
Children's National Medical Center
Washington, DCA new international study finds that prolonged, intense initial treatment in children with multi-system Langerhans cell histiocytosis (MS-LCH) can achieve survival rates as high as 84 percenta full 15 percent improvement over the previous clinical trial in this series.
The study, LCH-III, is published in Blood, the journal of the American Society of Hematology. It is the third in a series of international randomized clinical trials for LCH that spans twenty years initiated and coordinated by the Histiocyte Society, a group of more than 200 physicians and scientists worldwide. The LCH clinical trial series are the first randomized clinical trials for the treatment of LCH.
Langerhans cells are found throughout the body and help regulate the immune system. In LCH, the cells proliferate excessively in a single organ or in multiple organ systems, damaging surrounding tissue and producing a wide range of symptoms. LCH occurs most often in children and its cause is unknown. In the most serious cases, LCH affects "risk organs," such as the liver or lungs, and can be fatal.
In this study, high-risk patients received one or two six-week courses of chemotherapy, followed by milder continuation therapy in those who responded to the initial coursefor a combined 12 months of treatment. The overall five-year survival probability for these patients was 84 percentsubstantially higher than in the two preceding trials (62 percent for LCH-I and 69 percent for LCH-II), in which patients were treated for six months. Moreover, the five-year risk of disease reactivation was much lower (27 percent) than in comparable patients in the two earlier trials.
Lower-risk patients in this study who responded after an initial six-week course of treatment were randomly assigned to receive six or 12 months' total treatment. The longer 12-month treatment significantly decreased the disease reactivation rate (37 percent), compared to the six-month treatment group (54 percent).
The study authors note that the first 12 weeks of treatment seem to be a critical time for patient outcomes with MS-LCH and that "aggressive salvage therapy was quite effective in patients not responding to the protocol therapy"achieving a survival rate of 75 percent.
"These findings are real cause for hope for children with multi-system LCH, now that we have achieved improved survival rates in these three sequential studies," said senior author Stephan Ladisch, MD, a researcher in the Center for Cancer and Immunology Research at the Children's Research Institute and Professor of Pediatrics and Biochemistry/Molecular Biology at Children's National Medical Center. "The international collaboration in these trials has been essential to making significant progress against such a rare disorder, and children around the world will benefit from this research."
Results of the first LCH clinical trial were published in 2001 in the Journal of Pediatrics. Findings from the second trial were published in Blood in 2008. Goals for future trials include reduction of the remaining 15 percent mortality among patients with risk-organ involvement and reduction of the 30-40 percent disease reactivation rate.
###
Contact: Emily Hartman or Paula Darte, 202-476-4500
About Children's National Medical Center
Children's National Medical Center in Washington, DC, has been serving the nation's children since 1870. Home to Children's Research Institute and the Sheikh Zayed Institute for Pediatric Surgical Innovation, Children's National is consistently ranked among the top pediatric hospitals by U.S.News & World Report and the Leapfrog Group. Children's National is a Magnet designated hospital. With 303 beds and eight regional outpatient centers, Children's National is the premier provider of acute pediatric services in the Washington metropolitan area. For more information, visit ChildrensNational.org, or follow us on Facebook and Twitter.
[ | E-mail | Share ] ?
AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.
Source: http://www.eurekalert.org/pub_releases/2013-05/cnmc-ssl052913.php
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Tuesday, May 28, 2013
NCAA Men?s Singles and Doubles Recap -- Finals
Thumbnail Photo is Courtesy of Ohio State Athletics
URBANA, Ill. ? On this Memorial Day in Urbana, Ill., new NCAA singles and doubles champions were crowned. Ohio State junior Blaz Rola outdueled Virginia?s Jarmere Jenkins 7-6(8), 6-4, as Rola denied Jenkins of his triple-crown bid and a wild-card berth in the U.S. Open. In doubles, Jenkins bounced back along with partner Mac Styslinger to take the title 3-6, 6-2, 6-4 over Camillone/Holiner of Texas. ???
Rola earned his fourth straight set victory out of five matches along the way to his first NCAA Singles championship. In addition, it marked the first NCAA singles championship in program history. Now a two-time national champion and four-time All-American, Rola has 109 career singles wins which moves him into OSU?s Top-10.
It was competitively balanced in the first set, with both players holding serve all the way to the tiebreak where Jenkins fell behind 6-2. Rallying back, Jenkins won the next four points to tie it 6-6. However, Rola pushed back ahead and persevered 10-8 in the tiebreak.?
The first and only break occurred mid second-set and was the championship difference maker for Rola. After breaking Jenkins to go up 4-3, Rola served and advanced the lead to 5-3.? Jenkins then held serve to get within one, but Rola would not be denied, taking the set 6-4 and the championship.?
After 90 minutes of rest between singles and doubles, Jenkins with teammate Styslinger took the court for the doubles championship against Camillone/Holiner, who were the first Texas team to reach the doubles finals since 1995. Midway through the first set, storms rolled in, forcing the remainder to be played indoors.?
The Cinderella unseeded Texas team of Camillone/Holiner, who defeated the one and three-seeds to make it to the title match, stormed ahead to take the first set 6-3.? However, the Virginia duo weathered the storm and retaliated with a 6-2 second set. A drama filled third set ensued where Jenkins/Styslinger pulled away late to take it 6-4 and the championship. The twosome became the third Virginia tandem to take the NCAA doubles crown.??
Blaz Rola, Ohio State
?It?s unbelievable. The past champions that have won this tournament, John McEnroe, the Bryan brothers, for my name to be up there it?s just overwhelming. It?s unbelievable and I?m really happy.?
On the match: ?It was tough. The conditions were humid, it was very hot, the first set lasted over an hour and I think it took a toll on both of us. I?m really happy and relaxed that I won in straight sets, it would?ve been tough to play three.?
On the first set tiebreak: ?I was up 6-2 and I was serving for it, I hit a good serve, I hit a good forehand and unfortunately I missed the second ball. I thought it?s alright, 6-3, he two great shots. On my service game he came up big again so I was thinking ?oh my god, I missed four set points, come on?. I kept my mind relaxed and thankfully I came through in the first set it was a crucial point in the match.?
Jarmere Jenkins, Virginia
On doubles: ?I told Mac no regrets, just swing out. I felt like we had a chance in every one of their service games so even when we got broken in that third set I knew we were going to be fine. We had our set plays that we trusted and they came through for us.?
On singles: ?The last serve was definitely out. It made a mark out-of-bounds. I got to it as soon as he hit the ball but the umpire told me he couldn?t do anything about it. Tough way to go out but congrats to Blaz. He?s a tough competitor. I gave it my all. Don?t have many regrets except not taking one of those break points.?
Trying to get over singles ending: ?I didn?t. I definitely started off pretty slow in doubles because I was still thinking about it. It was my last college match ever. I didn?t want to go out not having control over the things I could have control over. I wanted to fight as much as I could.?
Mac Styslinger, Virginia
Ending freshman year with two trophies: ?It?s incredible. It?s an amazing start and I?m really glad to get this doubles win.?
What he was thinking during third set: ?Just think about one point at a time and not concentrate on winning or losing. Then the rest will take care of itself.?
Talking to Jenkins after his singles loss: ?He?s a competitor. I knew he was going to come out and work hard. He shows that he?s one of the best college players ever. He?s incredible. This tournament he really put it all together.?
Chris Camillone, Texas
?We?ve put everything out there in every match we?ve played. I don?t know how many times you can honestly say that?that you can really say you left everything out there. But I know Dave and I did. It really, really sucks to lose; but if you?re going to lose at that level, then that?s just too good today. We can?t play them tomorrow even though we want to, but it was a hell of an effort, and I am glad I was a part of it. I?m glad I could do this and do it for Texas.?
?If you would have asked us from January up until yesterday if we would have expected this, there?s just no way. It?s not a lack of confidence; it?s just how can you expect this, given our positioning, given our ranking, and given we didn?t really play together in the spring except for four matches? We?re staring down opponents like (top-ranked Tennessee duo Mikelis) Libietis and (Hunter) Reece and (fourth-ranked Virginia duo Jarmere) Jenkins and (Mac) Styslinger and (third-ranked Ole Miss duo Nik) Scholtz and (Jonas) Lutjen. It?s my last season. I would have ended it with a win; that would have been nice. But if I can?t get a win, I?m going to end it like this with Dave and my two coaches, doing this as much as I can for Texas. It sucks to lose 6-4 in the third. Virginia already has one, so we wanted to get one for us. Even the last game, we fought our butts off. It?s hard to put into words. It just sucks. I guess all good things have to come to an end.?
David Holiner, Texas
?We accomplished so much more than we set out here to do. We didn?t even pack enough clothes. We didn?t expect to even make All-American. We fought as hard as we could. We made All-American. We somehow made it to the finals. We almost ratted this match out. We put it all out there; we just came up a little short today.?
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MOVIEHOLE | Family Tree and Peepshow stars board Think Like A ...
?Family Tree??s Jim Piddock and Ice-T?s wife Coco Austin have been cast in Sony Screen Gem?s ?Think Like A Man Too?.
Piddock revealed his casting in an interview with The Daily Quirk.
JP: In June, I?m shooting a movie ? I don?t know if you saw a movie called Think Like a Man it was a huge hit, I think it was made for 10 million and grossed 95 million ? so this is the sequel.
It?s believed Piddock, who currently plays Mr Pfister on HBO?s ?Family Tree? (a show he also co-created and executive produced), plays the butler to Kevin Hart?s character.
Austin, of the burlesque show ?Peepshow? , tweeted her involvement in the Tim Story directed sequel on Tuesday.
?Shooting the movie Think Like a Man Too today! Pretty cool, huh?? she said.
It?s believed Austin is playing a burlesque dancer.
Shooting in Las Vegas, ?Think Like A Man Too? also stars Romany Malco, Taraji P. Henson, Gabrielle Union, La La Anthony, Meagan Good, Janina Gavankar, Michael Ealy, Jerry Ferrara, Wendi McLendon-Covey, and Adam Brody (?Cop Out?).
Source: http://moviehole.net/201364896family-tree-and-peepshow-stars-board-think-like-a-man-too
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