Gingrich calls for moon base, space contests (Reuters)

COCOA, Florida (Reuters) ? Republican presidential contender Newt Gingrich called on Wednesday for a base on the moon and an expanded federal purse for prize money to stimulate private-sector space projects.

“We want Americans to think boldly about the future,” Gingrich said during a campaign rally in Florida, where he outlined a space policy initiative that would cut NASA’s bureaucracy and expand on private-sector space programs championed by President Barack Obama.

“By the end of my second term, we will have the first permanent base on the moon and it will be American,” Gingrich said.

“We will have commercial near-Earth activities that include science, tourism and manufacturing, because it is in our interest to acquire so much experience in space that we clearly have a capacity that the Chinese and the Russians will never come anywhere close to matching,” he said.

Gingrich is locked in a close battle with former Massachusetts Governor Mitt Romney as Florida prepares to vote on Tuesday in the Republican presidential primary. Republicans are seeking a nominee to challenge Democrat Obama in the November election. The rally in Cocoa was just down the road from the Kennedy Space Center.

With the retirement of the space shuttles last year, the United States is dependent on Russia to fly its astronauts to the International Space Station, a service that costs NASA about $60 million per person. China, the only other country that has flown people in space, is not a member of the station partnership.

In addition to supporting the station, a $100 billion laboratory owned by the United States, Russia, Europe, Japan and Canada, NASA is working on a spaceship and heavy-lift rocket that could carry astronauts to asteroids and other destinations beyond the station’s 240-mile-high (385-km) orbit.

The Obama administration also backs the development of privately owned space taxis to break Russia’s monopoly on transportation to the station.

Congress allotted $406 million for the program for the year that began on October 1.

Gingrich said he wanted to spend 10 percent of NASA’s $18 billion budget on prize money for competitions that spur innovation and technological breakthroughs in space.

“I’m prepared to invest the prestige of the presidency in communicating and building a nationwide movement in favor of space,” Gingrich said at a meeting of aerospace executives and community leaders after the rally.

“If we do it right, it’ll be wild and it will be just the most fun you’ve ever seen,” he said.

During a debate in Florida on Monday, Romney said he believed space should be a priority.

“What we have right now is a president who does not have a vision or a mission for NASA. I happen to believe our space program is important not only for science, but also for commercial development and for military development,” he said.

(Editing by Jane Sutton and Peter Cooney)

Source: http://us.rd.yahoo.com/dailynews/rss/space/*http%3A//news.yahoo.com/s/nm/20120126/pl_nm/us_usa_campaign_gingrich_space

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Greece hopes for debt swap deal by end of week (AP)

ATHENS ? Greece is aiming to complete negotiations on its debt swap deal by the end of the week, the government’s spokesman said Wednesday, adding that the talks were at their “most delicate phase.”

Charles Dallara, head of the Institute of International Finance ? the body representing banks and other investment firms ? is to head back to Athens on Thursday for the negotiations on the bond swap, known as the Private Sector Involvement, government spokesman Pantelis Kapsis said.

“The target is to conclude the PSI agreement even within this week,” Kapsis told reporters in Athens.

On the front line of Europe’s sovereign debt crisis, Athens is trying to get its private creditors to swap their Greek government bonds for new ones with half their face value, thereby slicing some euro100 billion ($130 billion) off its debt. The new bonds would also push the repayment deadlines 20 to 30 years into the future.

However, the main stumbling block over the past few weeks to securing this deal has been the interest rate these new lower-value, longer-term bonds would carry. A high interest rate could buffer losses for investors, but would also require the eurozone and the International Monetary Fund to put up more than the euro130 billion ($169 billion) in rescue loans they promised in October.

The bond swap is crucial to bring Greece’s debt back to a sustainable level. The Eurozone and IMF say a higher interest rate would prevent Greece’s debt from falling to 120 percent of gross domestic product by 2020 ? the maximum level they see as sustainable. Without the debt swap, Greece’s debt would approach 200 percent of GDP by the end of this year.

“We are at the moment at perhaps the most delicate phase of the negotiations on completing the PSI, and also in formulating the new program for the stabilization of the economy,” Kapsis added.

“It is obvious that what happens in the coming days … will affect the course of the country in coming years,” he added.

Separately, representatives of Greece’s private sector bondholders were to meet in Paris on Wednesday to discuss the agreement after the EU toughened its demands, a person close to the investors said.

The so-called steering committee of the IIF was to gather for an “important meeting … to really take stock” of the talks, the person said on condition of anonymity because of the sensitivity of the issue.

The committee represents banks and other investment funds that hold a large part of Greece’s debt and are being asked to swap their existing bonds with new ones of a reduced value, longer maturity and lower interest rate.

Eurozone finance ministers decided this week to cap the average interest rate on those new bonds at well below 4 percent. In their last offer, the bondholders said the average interest rate should be above 4 percent.

The finance ministers are pushing for a lower rate because whatever debt relief Greece doesn’t get from the investors will have to come from them and the International Monetary Fund, the country’s bailout rescuers.

The person close to the private bondholders said the meeting was called for Wednesday because some eurozone officials wanted the deal to be ready for a summit of EU leaders on Monday.

____

Steinhauser reported from Brussels.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120125/ap_on_bi_ge/eu_europe_financial_crisis

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Transcripts show Italy captain says was told to approach shore (Reuters)

GIGLIO, Italy (Reuters) ? The captain of the doomed Italian liner Costa Concordia said he was told by managers to take his ship close in to shore on the night it ran aground and capsized, according to bugged conversations leaked in Italian newspapers.

The daily La Repubblica published transcripts of a conversation Captain Francesco Schettino had with an unknown person identified only as Fabrizio in which he implicates an unnamed manager of the vessel’s owners Costa Cruises.

“Fabri … anyone else in my place wouldn’t have been so nice as to go there because they were breaking my balls, saying go there, go there,” Schettino says in the conversation, taped while he was being held following his arrest over the incident.

“…the rock was there but it didn’t show up in the instruments I had and I went there … to satisfy the manager, go there, go there,” he says.

The conversation, in a thick Neapolitan dialect which the transcription translates into standard Italian, was apparently taped without the knowledge of Schettino, while he was being held in custody after the accident. It was posted on the website of the daily La Repubblica.

A source in the prosecutor’s office said that the transcript was genuine. Schettino’s lawyer Bruno Leporatti did not dispute it but said his client should not be treated as a “scapegoat.”

Schettino is currently under house arrest, blamed for causing the accident by steering too close to shore and accused of multiple manslaughter and abandoning ship before the evacuation of more than 4,200 passengers and crew was complete.

At least sixteen people died when the cruise ship struck a rock which tore a hole in its side and caused it to capsize off the Tuscan island of Giglio on January 13. Another sixteen people are still unaccounted for. Six bodies are as yet unidentified.

Divers resumed their search on Wednesday and will blast new holes into the ship to open up submerged interior spaces. Salvage teams are also continuing preparations to pump more than 2,300 tonnes of diesel fuel from the hulk, an operation expected to start by Saturday and last about a month.

“In the next couple of days we will be making preparations for the holes into those fuel tanks, at the front where the largest fuel tanks are positioned,” said Martijn Schuttevaer, a spokesman for Dutch salvage company SMIT.

“Following that we will be in a position to start removing the fuel,” he said.

“I GOT OFF”

Investigators say Schettino steered the 114,500 tonne vessel to within 150 meters of the shore to perform a maneuver known as a “salute” in which a ship makes a special display by coming in very close to land.

Whether or not such maneuvers were tolerated or even encouraged by the ship’s operators is one of the key questions at issue in the investigation.

In an interview last week, the company’s chief executive said ships sometimes came close to shore but only under safe conditions. According to reports in the Italian media, the practice is widespread in the cruise industry.

In another potential threat to Costa, the daily Corriere della Sera reported that Giulia Bongiorno, one of Italy’s best-known criminal lawyers, will represent around 30 passengers who are planning to file legal action against the company.

No comment was immediately available from Bongiorno, who represented Raffaele Sollecito, when he was acquitted last year on appeal with U.S. student Amanda Knox of murdering Briton Meredith Kercher.

The transcript published by La Repubblica also suggests that Schettino abandoned ship soon after realizing that the vessel was listing dangerously, in remarks which appear to contrast with other versions of how he came to leave the ship.

During questioning by magistrates, Schettino said he fell into a lifeboat while investigating the state of the ship, which suffered an electrical blackout after it struck the rock. In the confusion, he had been unable to return to the ship.

During the conversation with Fabrizio, he appears to suggest that he took a conscious decision to abandon ship.

“When I understood that the ship was listing I got on with it and got off,” he is quoted as saying.

Costa Cruises, a unit of Carnival Corp, the world’s largest cruise ship operator, has blamed the captain and suspended him.

Neither the company itself or individual executives, apart from Schettino and the ship’s first officer, have been placed under investigation but Schettino’s lawyer has said that the probe will be extended to other parties.

He has said Schettino is ready to accept his share of responsibility for the accident but he has says that he kept the company fully informed of events, including evacuation procedures, as they unfolded after the initial impact.

(Additional reporting by Cristian Corvino and Ilaria Polleschi in Grosseto; Writing By James Mackenzie; Editing by Giles Elgood)

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/nm/20120125/wl_nm/us_italy_ship

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Gingrich says Romney desperate, punching wildly (AP)

WASHINGTON ? Newt Gingrich is keeping up the heated tone of his debate exchanges with Mitt Romney, calling his Republican presidential rival a “desperate guy” throwing wild punches.

Gingrich on Tuesday said Romney was “outrageously dishonest” when he accused the former House speaker of lobbying for mortgage giant Freddie Mac. He noted that Romney himself was an investor in the government-backed mortgage companies. Gingrich told Fox News: “I don’t own any Fannie Mae and Freddie Mac stock. He does.”

During Monday’s debate, Romney called Gingrich an influence peddler who promoted the interests of Freddie Mac while it was contributing to the mortgage mess that led to the nation’s foreclosure crisis.

Meanwhile, Rick Santorum, behind in the polls, says he’s happy to let the race’s leaders point out each other’s “severe flaws.”

Source: http://us.rd.yahoo.com/dailynews/rss/gop/*http%3A//news.yahoo.com/s/ap/20120124/ap_on_el_pr/us_gingrich

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Obama: World united to address Iran nuclear threat (AP)

WASHINGTON ? President Barack Obama is praising the Iranian oil embargo imposed by European nations Monday, and says that the U.S. will keep applying new penalties as well.

The U.S. added new sanctions Monday on Bank Tejerat (tee-JER-’at), which is Iran’s third-largest bank. Although the U.S. does almost no business with Iranian financial institutions, U.S. sanctions help choke off Iran’s access to the international banking system. Iran needs access to that system to get paid for its oil.

Obama has also approved new sanctions on Iran’s powerful central bank that take effect later this year.

Obama claims global unity in confronting Iran over its disputed nuclear program, although several of Iran’s large trading partners have refused to apply sanctions.

The U.S. claims Iran is preparing to build a bomb; Iran denies it.

Source: http://us.rd.yahoo.com/dailynews/rss/iran/*http%3A//news.yahoo.com/s/ap/20120123/ap_on_re_us/us_us_iran

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98% Le Havre

Marcel Marx(Andre Wilms) is a shoeshine who makes a sparse living in Le Havre and has more than his share of his debts. His wife Arletty(Kati Outinen) dutifully stands by him while unbeknowst to him, she is very ill. Meanwhile, sounds are heard from a shipping container near the harbor and the police, fearing the worst, are called in. Luckily, all of the would be immigrants seem not the worse for wear. So, Idrissa(Blondin Miguel), a young boy, with a little encouragement from his grandfather makes a break for it. To his credit, Inspector Monet(Jean-Pierre Darroussin) stops a police officer from getting off a shot, allowing him to get away. Outside of the changed setting, “Le Havre” might appear to seem like a normal Aki Kaurismaki movie on the surface, as it contains some of his usual touches, along with Kati Outinen in the cast. On the other hand, it is also one of his most topical movies while also one of his most optimistic, even if it is a little predictable at the end. Regardless, the movie almost feels entirely timeless, as about the only sign of present day technology is the most malicious act being carried out by a cell phone. And I think what Kaurismaki is getting at is that in the past people did not act out of fear and were actually much kinder towards each other. So, my question is do Marcel’s neighbors act differently towards him when Idrissa comes into his life or is it because his wife falls ill? Or are the events connected even if they do not at first appear to be so?

November 27, 2011

Source: http://www.rottentomatoes.com/m/le_havre_2011/

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Domain Investing: ?Weird, Arcane and Occasionally Profitable …

There?s an article about domain names that I found interesting on NorthJersey.com, an online publication covering northern New Jersey news and people. ?The article is primarily about the sale of 45.com and the story behind it, which is described?as ?a window into the weird, arcane and occasionally profitable world of Internet domain names.??The former owner of 45.com is Glen DiGirolamo, who is from Wayne, New Jersey.

I?ll let you read the article for yourself, but I thought it was pretty neat how?DiGirolamo was able to come into possession of the domain name, and how he stuck to his asking price to make a solid profit on the sale.?I don?t really agree with the author?s description of the domain business being weird or arcane (maybe 10+ years ago), but it was interesting to read.

Do you have any similar stories about acquisitions or sales that you?d like to share?

Related posts:

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  2. Differences Between Domain Investing and Cybersquatting I had a conversation a few days ago with someone…
  3. Political Side of ccTLD Domain Investing This isn?t a political blog, and I hate politics anyway,…

Source: http://www.elliotsblog.com/domain-investing-weird-arcane-and-occasionally-profitable-4055

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(AP)

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Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_re_eu/eu_apnewsalert

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Apartheid’s black-on-black divide slower to heal (AP)

BELA BELA, South Africa ? The shantytown called Vingerkraal seems trapped in South Africa’s apartheid past. Tin shacks resemble those hurriedly built by blacks evicted from white territory. Women and children are left on their own for most of the year by men working in faraway cities. Poverty lies tucked between game resorts.

But Vingerkraal’s is a different story in the sinister saga of racially divided South Africa. It is the story of blacks who fought blacks in the service of apartheid.

In the two decades since apartheid crumbled, a Truth and Reconciliation Commission has brought about a measure of reconciliation between blacks and their former white rulers. The divisions among blacks, however, engineered or exacerbated by a system of divide-and-rule often have been slower to heal. Vingerkraal is a glaring example.

Its history begins in neighboring Namibia, once South African territory, where guerrillas were waging a war for independence. Other black Namibians were hired by white-run security forces in a unit called Koevoet, meaning crowbar, and its fighters were paid bonuses for what became known as “cash for corpses.”

Koevoet’s goal, according to the Truth and Reconciliation Commission, was to “gather intelligence, track guerrillas and then kill them.” It was, the commission said, “a race war,” and apartheid South Africa lost.

In 1990, with Namibia independent, hundreds of black Koevoet veterans suddenly found themselves trapped in the midst of their adversaries. Many fled to South Africa, where their former officers helped them find jobs in security and get South African citizenship.

Four years later white rule ended, and the black Koevoet veterans were on the losing side again. Some of them retreated to Vingerkraal, near the town of Bela Bela in the north of the country. Some 6,000 people now live here, in the dry bush, chronically short of water and electricity, and still haunted by a 2010 tragedy that killed 11 of their children.

Sisingi Kamongo, 45, was among the founders of Vingerkraal. Asked about his past, he begins by saying he was just 18 and desperate for work when he joined Koevoet in 1984. Later, he talks about stories he heard of guerrillas kidnapping village children and forcing them to fight.

“We didn’t do anything wrong,” he says. “We were protecting the people.”

Slowly, war stories emerge. Kamongo recalls interrogating villagers, being told they had not seen fighters for years, and then coming under attack.

“What do you expect us to do?” Kamango said. “Of course there’s going to be trouble. We were heavy-handed. But … it was for a reason.”

Kamango, who has used a wheelchair since 2002 because of an old war injury, says he knows of a prisoner who was summarily executed, but insists white officers made the decision over their black subordinates’ objections.

Namibia was not the only place where whites set blacks against blacks. The so-called bantustans also played a part, set up by the white government as black-ruled homelands to remove their populations from white areas.

Here, there has been reconciliation exemplified by Bantu Holomisa. In 1987 he seized power in the bantustan of Transkei, the homeland of Nelson Mandela, while the leader of the anti-apartheid struggle was in prison.

When apartheid ended and the bantustans were abolished, Mandela’s African National Congress accepted Holomisa as a member. Later Holomisa had a falling out with the party, but he remains a member of Parliament.

John Kani, a leading actor and playwright, explores the personal effects of the divisions among blacks in “Nothing But the Truth,” about two brothers, one of whom dies in exile, a hero of the liberation struggle, while the other stays in South Africa and away from politics.

The 2002 play explores the tensions that arise over who did more for the cause of black freedom.

It is a complicated history that Kani says needs to be understood better.

“I’m worried about this collective amnesia. We’re afraid, even in our own house, to talk about dark times,” he said in an interview. “Forgiving is OK. Forgetting, never.”

Vingerkraal felt the pain of its marginalization in July, 2010, when a brush fire broke out. The shortage of water was compounded by the lack of good roads that slowed the arrival of rescue services, and 11 children died. The seven survivors, some horribly scarred, struggle to raise money to pay for transport to hospitals for treatment. It took more than a year for the maimed to get specialized care.

But the elders of the community see hope in their children. Their young people attend school with other South Africans, while many have followed their fathers into private security work, two are at the University of Pretoria, studying to be teachers.

Kamongo, the Koevoet veteran, wrote and published with the help of a South African army enthusiast a memoir of his fighting years. He said fellow veterans told him they found release reading his story, and now want him to help them tell theirs. He said it is a way of coming to terms with why they are seen as killers.

“It’s our own, personal TRC,” he said, referring to the Truth and Reconciliation Commission.

Source: http://us.rd.yahoo.com/dailynews/rss/africa/*http%3A//news.yahoo.com/s/ap/20120122/ap_on_re_af/af_south_africa_two_timed_by_apartheid

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Federal prosecutors shut down Megaupload file-sharing site, founders charged

Details are still somewhat light at the moment, but reports are now coming out that the popular Megaupload file-sharing site has been shut down by Federal prosecutors in the US, and that the site’s founders and other individuals have been charged with violating piracy laws. According to The New York Times, the indictment says that the company has cost copyright holders some $500 million in lost revenue, and that the site was at one time the 13th most popular on the internet. As the Times also notes, this news comes a day after Megaupload voluntarily blacked out its website to protest the SOPA and PIPA anti-piracy legislation now being considered by Congress.

Update: As The Verge reports, the indictment itself doesn’t mince any words, calling Megaupload an “international organized criminal enterprise allegedly responsible for massive worldwide online piracy,” and alleging that Megaupload founder Kim Dotcom generated more than $175 million in “criminal proceeds.” Those charges also come with some potentially hefty prison sentences, including a maximum 20 years for conspiracy to commit racketeering, five years for copyright infringement, 20 years for money laundering, and five years for each of the substantive charges of criminal copyright infringement.

[Thanks to everyone who sent this in]

Federal prosecutors shut down Megaupload file-sharing site, founders charged originally appeared on Engadget on Thu, 19 Jan 2012 15:35:00 EDT. Please see our terms for use of feeds.

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