Tuesday, April 30, 2013

Syrian TV: Explosion in Damascus causes casualties

This photo released by the Syrian official news agency SANA, shows Syrian fire fighters extinguishing burning cars after a car bomb exploded in the capital's western neighborhood of Mazzeh, in Damascus, Syria, Monday, April. 29, 2013. State-run Syrian TV says the country's prime minister has escaped an assassination attempt when a bomb went off near his convoy. Syrian TV says Prime Minister Wael al-Halqi was unhurt in the attack in the capital's western neighborhood of Mazzeh. (AP Photo/SANA)

This photo released by the Syrian official news agency SANA, shows Syrian fire fighters extinguishing burning cars after a car bomb exploded in the capital's western neighborhood of Mazzeh, in Damascus, Syria, Monday, April. 29, 2013. State-run Syrian TV says the country's prime minister has escaped an assassination attempt when a bomb went off near his convoy. Syrian TV says Prime Minister Wael al-Halqi was unhurt in the attack in the capital's western neighborhood of Mazzeh. (AP Photo/SANA)

(AP) ? Syrian state TV and residents of Damascus say a powerful explosion has hit the country's capital.

The nature of Tuesday's explosion in the heart of Damascus was not immediately clear. Resident say they heard a powerful blast and saw thick, black smoke billowing from behind a group of buildings.

Gunfire was heard in the area immediately after the Tuesday morning blast.

Syrian TV says the explosion occurred in the central district of Marjeh, although the target was not immediately clear.

The blast comes a day after Syria's prime minister narrowly escaped an assassination attempt in the heavily protected area of Damascus.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2013-04-30-Syria/id-5417a06bd6b7436e8c5b184777328916

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IRIScan Mouse


Scanners and mice are more similar than you might expect. Just as a mouse can sweep the breadth and height of an on-screen page, a device like a wand scanner can capture images of physical documents as it sweeps across lines or blocks of text. The IRIScan Mouse merges the two devices. You can use it as a mouse, and with a click of a button you can scan a physical document, OCR it, save it in various formats, or send it to social media or the Cloud.

The Mouse Scanner as a Mouse
The IRIScan Mouse is a wired mouse, connecting to a computer's USB port. The device is reasonably attractive, black (glossy on top, matte on the sides and bottom) with green trim. The Scan button, on the left side, glows blue, and blinks when a scan is in progress. On the bottom of the mouse is a plastic window through which the scan element can read the page. A flickering white light illuminates the page while you're scanning.

I've used the IRIScan Mouse as my normal work mouse for about a week, and in that capacity?in terms of scrolling and doing other typical mouse tasks?it's operated smoothly, with only a single issue of note. The scan button is on the left side of the mouse, right where I rest the ball of my thumb. The scan button requires a bit of pressure to activate, but nonetheless I've triggered it accidentally while writing a review or working in a Word document. Doing so is an annoyance, as it takes a few moments to stop and then cancel the scan. It happens most frequently when I'm standing at my test bench taking notes, though I've also accidentally initiated scans while typing at my desk.

Software
The scanning software comes on an included disk, which you install on your PC (it is Windows only). Software includes IRISCompressor, which enables compression of image and PDF files. You can send notes to Evernote?the IRIScan Mouse includes 3 free months of Evernote Premium. You can also send scanned text directly to Google Translate. Output formats include PNG, JPEG, TIFF, BMP, PDF, XML, and DOC.

Scanning With the Mouse
To scan, you place the mouse on a document, press the scan button, and sweep the mouse across the parts of the document you want to scan. As you scan a larger area, the view will automatically zoom out. You'll want to have plenty of free room to the sides of the document if you want to scan the whole thing. I found the scanning process awkward, as tracking wasn't that great.

When you're done scanning, you press the scan button again; the scan will appear rectangular and properly aligned. The Edit menu will appear; you can Paste the scan (either as image or text); Share (to email, Facebook, Twitter, or Flickr); send it to Apps (Evernote or Google Translate); Save (to the file formats mentioned below); Print; Edit; or access Settings.

When you paste a scan as text to a program like Word, the IRIScan software will perform text recognition on it, a quick process. Then you can edit or save the document. OCR performance was a mixed bag. It read our Arial test page at sizes down to 8 points without a mistake, but with Times New Roman it had some errors at all sizes up to 12 points.

The IRIScan Mouse is best for scanning individual sheets of paper; scanning from a magazine proved tricky at times as the text wouldn't always stay flat enough for a clean scan. Also, since the scan window is on the left side of the mouse, it was hard (and sometimes impossible) to scan to the inner margin on left-handed pages.

For about $50 more than you'd pay for a normal wired mouse, you can get the IRIScan Mouse, a wired (USB-connected) mouse that can scan to text or image, provides text recognition, and can save scanned documents to various formats as well as perform as a typical mojuse. It's best for occasional, light-duty scanning of documents or images. The scanner portion is most akin to a wand scanner such as the Editors' Choice VuPoint Solutions Magic Wand Wi-Fi PDSWF-ST44-VP . However, most wand scanners operate PC-free, while the IRIScan Mouse doesn't.

Source: http://feedproxy.google.com/~r/ziffdavis/pcmag/~3/y9kosRXKU-M/0,2817,2418230,00.asp

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SoftBank allows Sprint to conduct talks with Dish

(AP) ? Sprint Nextel says SoftBank is allowing it to seek more information from Dish Network related to its rival bid for the third-largest U.S. cellphone company.

Overland Park, Kan.-based Sprint has agreed to sell 70 percent of itself to Japan's Softbank Corp. for $20.1 billion. But it recently got a competing $25.5 billion offer from Dish Network Corp. for the whole company.

Under the agreement with SoftBank, Sprint can enter into a non-disclosure agreement and talks with Dish so it can clarify and obtain additional information from Dish related to its bid for the company.

Sprint isn't allowed to provide non-public information to Dish and can't enter into negotiations with the company.

SoftBank says it remains confident in its offer and expects the deal to close in July.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2013-04-29-SoftBank-Sprint/id-09abc435a1ce4b52a7d23b4206d213f8

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Mandela frail in first TV footage in months

JOHANNESBURG (Reuters) - Anti-apartheid hero Nelson Mandela made his first television appearance in almost a year on Monday, looking thin and frail in his Johannesburg home where he has been resting after a bout of pneumonia.

The veteran leader stared mostly straight ahead, his face showing little expression in the footage of a visit from President Jacob Zuma and other officials, shown by state broadcaster SABC.

The 94-year-old was in good health and good spirits, the ruling African National Congress said after the Monday visit, in the first update on his condition since he was discharged from hospital in early April.

The footage showed Mandela sitting next to Zuma with a pillow behind his head and his legs propped up under a blanket.

"After receiving a briefing from the medical team, the national officials are satisfied that President Mandela is in good health and is receiving the very best medical care," the ANC said.

Zuma and the other leaders had found "Mandela in good shape and in good spirits", the party added in a statement.

Mandela spent more than a week in hospital being treated for a recurring lung infection identified as pneumonia - the third health scare in four months for the Nobel Peace Prize laureate.

He stepped down as president in 1999 and has not been politically active for about a decade.

But he is still revered at home and abroad for leading the long campaign against apartheid and then championing racial reconciliation.

Mandela's lung problems date from his time as a political prisoner when he contracted tuberculosis. He spent 27 years on Robben Island and in other jails for trying to oust the white-minority government.

Television stations showed still images of Mandela smiling broadly during a visit by Hillary Clinton to his country home in August.

The last video footage of Mandela showed his birthday celebrations in July last year.

Source: http://news.yahoo.com/africas-mandela-frail-first-tv-footage-months-060604943.html

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Friday, April 19, 2013

Debt levels, big monetary stimulus on tap at G20

Fri Apr 19, 2013 9:01am EDT

(Reuters) - Finance leaders of the G20 economies on Friday were set to debate specific targets for reining in debt levels and the potential dangers from the latest round of aggressive easing of monetary policy from the world's biggest central banks.

They were also poised to demand swifter resolution to setting guidelines for financial benchmarks like the Libor interest rate in the wake of a global rate-rigging scandal.

But a rethinking of the austerity push among the world's biggest economies loomed as the biggest talking point. Advanced economies, particularly in Europe, have undertaken sharp austerity drives in recent years to curb growing debt, but those efforts have at times damaged economies already suffering from capital flight and under-investment from the private sector.

EU Economic and Monetary Affairs Commissioner Olli Rehn told Reuters in an interview on Thursday that a period of reduced spending and borrowing was necessary to calm markets concerned about out-of-control debt levels, particularly in peripheral European countries. That time has passed, he said.

"Decisive action was taken. Now as we have restored the credibility in the short-term, that gives us the possibility of having a smoother path of fiscal adjustment in the medium-term," he said.

The United States has opposed committing to any targeted level of public debt as a percentage of GDP, a common way to measure a nation's debt burden.

"I think an issue that will come up ... is the issue of hard targets, or not, for debt-to-GDP," Canadian Finance Minister Jim Flaherty told reporters on Thursday.

In a 2010 study frequently cited by policymakers, Harvard professors Kenneth Rogoff and Carmen Reinhart found that on average, economies contract when the debt-to-GDP ratio surpasses 90 percent - a level G20 officials were set to debate.

However, the study's results were disputed by researchers at the University of Massachusetts at Amherst, who said growth for countries with those ratios was actually 2.2 percent.

Weakness in economies that undertook the most severe measures to cut deficits undercut the austerity argument. The United Kingdom, in particular, is suffering its third recession in the last five years.

Still, Flaherty urged the G20 to set hard targets on debt and deficit, though he added that troubled economies should move more slowly towards balanced budgets than others.

"It's important for confidence by investors, which leads to more investment, economic growth and jobs," Flaherty said.

SPILLOVER CONCERNS

The unprecedented level of monetary stimulus designed to reinvigorate struggling large economies, including the United States, the euro zone and Japan, has raised concerns about excessive capital flight to developing nations.

In a communique on Thursday, the Group of 24 developing nations, whose ranks include Brazil, India, South Africa and Mexico, called on the advanced economies to "take into account the negative spillover effects ... of prolonged unconventional monetary policies including on inflation and the volatility of capital flows and commodity prices."

The Bank of Japan is attempting to end decades of stagnation by pumping $1.4 trillion into its economy, some of which is expected to find its way into emerging markets. Local currency funds have pulled in $16.7 billion in the first quarter of 2013 worldwide, the most in more than two years, according to Lipper, a unit of Thomson Reuters.

"There is a call from the G24 members to have clear coordination and better communication between advanced economies and emerging markets ... towards using coordination as a way to mitigate these potential asset appreciation bubbles. The consensus is that this is something that has to be closely monitored," said Mexican Finance Minister Luis Videgaray.

Videgaray has cause for concern.

In the days following the Bank of Japan's announcement, for example, the Mexican peso jumped 2.5 percent against the dollar to its strongest in 20 months. Against the yen, the peso surged over 9 percent.

Bank of Japan Governor Haruhiko Kuroda, in response to questioning about the country's aggressive efforts, said he didn't see signs of asset price bubbles "brewing in emerging nations" as a result of monetary stimulus.

"It's true that the massive monetary stimulus of advanced economies may affect emerging economies including through capital inflows," he said. "Such spill-over effects had been discussed even before the G20 meeting, and will likely be on the agenda at (this week's) meeting too."

The G20 finance ministers are due to release their formal communique around midday on Friday. They plan to task the Financial Stability Board, a coordinating body of global financial regulators, with overseeing the reform of financial benchmarks such as Libor, two sources familiar with the situation told Reuters on Thursday.

An early draft of a communique G20 financial officials will be debating asks the FSB to take on the role after a global interest rate-rigging scandal that involved some of the world's largest banks.

The International Organization of Securities Commissions came out with a report this week saying that financial benchmarks should be based on actual transactions rather than estimates, such as is the case with Libor.

(Additional reporting by Louise Egan, Krista Hughes and Douwe Midema; Editing by Dan Burns and Tim Ahmann)

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/2rIU0r8AVQ0/story01.htm

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