Europe Banks Hoarding Cash Resist Draghi Bid to Avoid Crunch

 

Banks are hoarding the European Central Bank's record 489 billion-euro ($625 billion) injection into the banking system, thwarting attempts by policy makers to avert a credit crunch in the region. Almost all of the money loaned to 523 euro-area lenders last month wound up back on deposit at the Frankfurt-based central bank instead of pouring into the financial system, ECB data show. Banks will use most of the three-year loans to meet their refinancing needs for this year and next, analysts at Morgan Stanley and Royal Bank of Scotland Group Plc estimate. “It's illusory to think that the measure will translate into credit generation,” Philippe Waechter, chief economist at Natixis Asset Management in Paris, said in an interview. “It will assuage some of the anxiety banks have regarding their liquidity needs. But they've engaged into a massive overhaul of their strategy and shrinkage of their balance sheets, which is, coupled with the deteriorating economy, not compatible with increasing credit.” Governments are urging European banks to keep lending to companies and individuals while requiring them to raise an additional 114.7 billion euros of core capital by June to weather a deepening sovereign-debt crisis. Instead of raising equity, most lenders across Europe have vowed to meet capital rules by trimming at least 950 billion euros from their balance sheets over the next two years, either by selling assets or not renewing credit lines, according to data compiled by Bloomberg. ECB Deposits That has stirred concern among policy makers that banks will cut lending and throttle growth in the euro region. Banks have been parking almost all extra liquidity from the ECB loans back at the central bank. Barclays Capital estimates firms used 296 billion euros of the Dec. 21 three-year loans to replace maturing shorter-term ECB borrowings. That left only 193 billion euros of additional money for the financial system. Overnight deposits with the ECB have jumped by about 223 billion euros since the loans to a record 486 billion euros, suggesting the central bank funds haven't so far reached customers. Banks account for about 80 percent of lending to the euro area, making them “crucial to the supply of credit,” according to recently installed ECB President Mario Draghi. By contrast, U.S. companies rely more on capital markets for financing, selling bonds to investors. Refinancing Needs The ECB lending, and a follow-up loan offering on Feb. 28, won't ease the pressure on banks to shrink, say analysts including Huw van Steenis at Morgan Stanley in London. “The ECB loans will largely be used to pre-fund 2012 and some of 2013's bank refinancing needs, but it will not stimulate lending,” Van Steenis said. They will “just stop it falling off precipitously.” Euro-area banks have more than 600 billion euros of debt maturing this year, the Bank of England said in its financial stability report last month. The first ECB loan offering should help cover about two-thirds of that amount, Goldman Sachs Group Inc. analysts say. Morgan Stanley's Van Steenis estimates banks may reduce assets by as much as 2.5 trillion euros in two years, a process known as deleveraging. The volume of loans to households and companies in the 17- nation euro area shrank in November for the second consecutive month, the ECB said on Dec. 29. Loans were still up 1.7 percent over the year-earlier period, slowing from a 2.7 percent increase in the 12 months through October. Merkel, Sarkozy When granted, loans are getting costlier for borrowers. Since July, interest margins have increased, with investment- grade borrowers in Europe paying an average of 91.6 basis points more than benchmark rates, up from 84.4 basis points during the first half of 2011, according to data compiled by Bloomberg. A basis point is one-hundredth of a percentage point. “We must avoid a credit crunch for our economies,” European Union President Herman Van Rompuy said on Jan. 9. “The recent measures by the European Central Bank on a long-term lending facility for the banks are welcome in this context.” The European Banking Authority, which oversees the region's regulators, asked banks on Dec. 8 to retain earnings, curb bonuses and raise equity to boost core capital before resorting to cuts in lending. The EBA followed both French President Nicolas Sarkozy and German Chancellor Angela Merkel in urging banks to keep lending. Sarkozy said on Oct. 27 that he had asked firms to shift “almost all” of their dividends into strengthening balance sheets and to make bonus practices “normal.” Merkel said on Oct. 9 she was “determined to do whatever necessary to recapitalize the banks to ensure credit to the economy.” ‘No Credit Crunch' Bankers have said they haven't restricted lending and that demand for credit is slowing as growth slows. “All banks I talk to keep lending to small- and medium- size enterprises and households,” Christian Clausen, president of the European Banking Federation, an industry association, said on Dec. 9. “That part of the bank will keep rolling.” There is “no credit crunch,” Frederic Oudea, chief executive officer of Societe Generale SA, France's second- biggest lender, and chairman of the French Banking Federation, said last month. “The reality is that credit is available,” he said in an interview on BFM radio on Dec. 16. Even so, companies across Europe say credit is tightening. ‘Double Punch' In France, where credit to the private sector increased by 3.7 percent in November compared with a year earlier, the majority of the country's company treasurers said they encountered “very strong tensions” in negotiating bank loans, with more than 50 percent of respondents saying the process led to more expensive terms, according to a December survey by the French Association of Corporate Treasurers. The majority of those polled said obtaining bank financing was “as difficult as at the end of 2008,” after Lehman Brothers Holdings Inc. collapsed. U.K. banks expect to toughen their criteria on loans to companies and households in the first quarter because of strains in the wholesale funding market, the Bank of England said Jan. 5in its fourth-quarter Credit Conditions Survey. Belgian credit growth slowed to 3.1 percent in the 12 months to the end of October, from 3.6 percent at the end of September, the country's central bank said on Dec. 12. In Italy, some companies with annual sales of 30 million euros to 40 million euros are charged as much as 10 percent interest on loans, Emma Marcegaglia, chief of the country's Confindustria lobby group, said in an interview on Dec. 20. Lending to businesses and consumers grew at the weakest pace in a year, the Bank of Italy said today. Draghi's Priority With the ECB's injection, “deleveraging may happen in a more orderly way, but it doesn't mean it will be painless,” said Alberto Gallo, head of European credit strategy at RBS. Banks are faced with high long-term financing costs, a deteriorating economy and difficulties raising capital, he said. “It's what I call the double punch: A combination of negative growth and banks' deleveraging will affect lending activity.” Even the ECB's Draghi, who has made it one of his priorities is to keep credit flowing into the economy, said the central bank's loan offerings may fail to achieve that goal. “Monetary policy cannot do everything, but we're trying to do our best to avoid a credit crunch that might come from a lack of funding,” Draghi said Dec. 19 at the European Parliament in Brussels. “We have to be extremely careful here, because there may be other reasons that create a credit crunch.” Draghi may be wary of the U.S. experience with multiple rounds of bond purchases. That so-called quantitative easing hasn't stimulated lending, Natixis's Waechter said. ‘Kick the Can' “Lending really picked up when the economy got better,” he said. The ECB cut its forecast for euro-area economic growth in 2012 to 0.3 percent on Dec. 8 from a September prediction of 1.3 percent. The central bank expects the economy to expand 1.3 percent next year. In the U.S., almost all categories of bank lending fell in 2009 and 2010 and didn't start improving until last year, when the Federal Reserve stopped its second wave of quantitative easing, according to data by the U.S. institution. Banks increased their holdings of Treasury and agency securities in 2009 and 2010, showing they were using the Fed's cheap money to own safe government paper. Because quantitative easing tends to improve capital markets first, the healing will be even slower in Europe given its reliance on banks for borrowing, according to Gallo.

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there is an area in your brain where you may hold a reservation and that could, in all likelihood, cause you to return to your drinking. I wish that I might reach this place in your consciousness, but alas, I do not have the skill."

Twelve Step people who study A.A.'s Big Book are, of course, familiar with Bill Wilson's medical mentor, Dr. William Duncan Silkworth. Bill called him the benign "little doctor who loved drunks." Silkworth, a psychiatrist, had treated thousands of alcoholics and was director of Towns Hospital in New York where Bill had several times sought help. Though Silkworth had explained the disease of alcoholism to Bill, Bill continued to drink until he met his "sponsor" Ebby Thacher, who had recovered through the spiritual program of the Oxford Group. Ebby had also gone to Calvary Rescue Mission, run by Dr. Sam Shoemaker's Calvary Episcopal Church in New York; and Ebby had there made a decision for Christ. Wilson went there for the same purpose and, according to a conversation the author had with Dr. Shoemaker's widow (Helen Smith Shoemaker), Bill Wilson made a decision for Christ at the Rescue Mission. Bill stayed drunk for a few days and then checked into Towns Hospital and again sought help from Dr. Silkworth. And it was during this stay, that Bill took the life-changing steps of the Oxford Group, had his "hot flash experience," reported it to Dr. Silkworth, and was told by Silkworth that he (Bill) had better hang on to what had happened to him. Silkworth later was asked to write the "Doctor's Opinion" that opens the basic text of the Big Book. Silkworth's picture appears in A.A.'s Pass It On, the biography of Bill's life.

        Shortly before his death, the author spent an hour with Dr. Norman Vincent Peale, friend of A.A., the Rev. Sam Shoemaker, and Bill Wilson. Dr. Peale told me of the conversations he had with Bill Wilson about Bill's conversion. However, until 1997, I had never heard the following account by Peale about Dr. William Duncan Silkworth. It can be found in Norman Vincent Peale, The Positive Power of Jesus Christ (New York: Foundation for Christian Living, 1980), pp. 60-61. It appears under the title "The Wonderful Story of Charles K.":

        Charles, a businessman in Virginia, had become a full-fledged alcoholic; so much so that he had to have help, and fast, for his life was cracking up. He made an appointment with the late Dr. William Duncan Silkworth, one of the nation's greatest experts on alcoholism, who worked in a New York City hospital [the Charles Towns Hospital]. Receiving Charles into his clinic as a patient, the doctor gave him treatment for some days, then called him into his office. "Charles," he said, "I have done everything I can for you. At this moment you are free of your trouble. But there is an area in your brain where you may hold a reservation and that could, in all likelihood, cause you to return to your drinking. I wish that I might reach this place in your consciousness, but alas, I do not have the skill."

        "But, doctor," exclaimed Charles, "you are the most skilled physician in this field. When I came to you it was to the greatest. If you cannot heal me, then who can possibly do so?" The doctor hesitated, then said thoughtfully, "There is another Doctor who can complete this healing, but He is very expensive."

        "That's all right," cried Charles, "I can get the money. I can pay his fees. I cannot go home until I am healed. Who is this doctor and where is he?"

        "Oh, but this Physician is not at all moderate as to expense," persisted Dr. Silkworth. "He wants everything you've got. He wants you, all of you. Then He gives the healing. His price is your entire self." Then he added slowly and impressively, "His name is Jesus Christ and He keeps office in the New Testament and is available whenever you need Him."

        Dr. Peale then describes the healing of Charles through the power of Jesus Christ. 

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Recovering alcoholic Matt Maden: I began drinking at 10 and now I'm facing death at 26

 

Matt Maden, now 26, has been living on borrowed time since he was diagnosed with liver cirrhosis five years ago. Despite his desperate need he has only a 20 per cent chance of getting an organ because of the growing demand. ‘It’s really scary living with the knowledge that the odds are so heavily against you,’ he said. His condition was detected when he spent two weeks in hospital in an alcohol-induced coma – but even then he refused to believe he had a problem. ‘My immediate thought was, “It’s not the drink”,’ he said. The first time Mr Maden got drunk was at 15. ‘I remember waking up the next morning and my first thought was, “When can I do that again”,’ he said. Within a year he went from drinking eight cans of lager in a session to 16 in order to get a buzz. ‘After a couple of years I’d have to have maybe a bottle of spirits to go along with that,’ he added. ‘For a lot of years alcohol gave me  confidence. Little did I know it would actually turn on me and it would start to control me.’ After his health scare Mr Maden left his home in Oxford to check into a rehab clinic in Bournemouth and has not touched a drop since 2007. His physician, Dr Varuna Aluvihare, from King’s College London, believes the binge-drinking culture is behind the increasing number of young people needing liver transplants. ‘Tragically, every year we fail to keep someone like Matt alive,’ he said.

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Money spent on nicotine patches 'goes up in smoke', says survey

 

Those who go cold turkey have just as much chance of quitting the habit long-term, the study published on Monday added. A total of 787 adult smokers trying to quit were followed over five years by researchers at Harvard School of Public Health. One in three relapsed with the numbers spread equally between those going ‘cold turkey’, those using nicotine patches, gums or sprays, and those combining nicotine replacement with counselling. Heavy smokers who used nicotine replacement products without any professional therapy were twice as likely to relapse. Lead author Hillel Alpert said: ‘Some heavily-dependent smokers perceive nicotine replacement therapy (NRT) as a sort of “magic” pill. ‘Upon realising it is not, they find themselves without support in their quitting efforts, doomed to failure.’ But the findings sparked a backlash from the NRT industry, which is worth £150million in Britain and £520million in the US. GlaxoSmithKline, which makes Nicorette gum, said studies show NRT products, combined with support, ‘can double’ smokers’ chances of quitting

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the Internet has many of us on a very short leash – an addictive one.

Whether you’re mid-bite, mid-sentence or perhaps mid-sleep, do you react to that ‘bing’ from your smartphone? Or, is it the flashing red light that gets you?

You’ve programmed your phone to alert you to messages, or has it programmed you to respond?

From the constant smartphone companion to the laptop replacing the lapdog, the Internet has many of us on a very short leash – an addictive one.

The consumer research firm Intersperience surveyed more than 1,000 people in Britain and found quitting the Internet is as hard for some as quitting drinking or smoking.

Without the Internet, 40% said they felt lonely. Ironically, it’s fathomable that 40% of those living with Internet addicts probably feel lonely too.

Laurie Tamblyn, an addictions counsellor in special programs at Toronto’s Bellwood Health Services, says there are many types of Internet addiction, including gambling, gaming, pornography and social networking.

“We’re just beginning to treat this. It is a big problem and it is going to become bigger before people start recognizing that they need to do something about it,” Tamblyn says.

“Some of us believe there is a tsunami coming because we haven’t fully recognized the problem yet.”

Part of that problem is the generation gap. Children today are children of technology – dependent on the social web and its tools.

Addiction is a progressive illness that ends up in isolation, Tamblyn says, so Internet use can be a slippery slope, and can have devastating effects on relationships.

“The amount of time people spend lost in their behaviours is comparable to a drinker spending time at the bar instead of with his family or friends,” Tamblyn says.

“The addiction becomes the focus of the addict’s life. The focus is to interact with the addiction before anything else. If this doesn’t happen, it results in mood swings and irritability.”

Internet addiction can be difficult to diagnose, says Dr. Greg Dubord, who teaches in the psychiatry department at the University of Toronto.

“Drawing the line between normal Internet use and Internet addiction is often difficult, because no set criteria for diagnosing the disorder have been established by the American Psychiatric Association.”

What is easy to recognize, however, is the impact of web overuse on our relationships.

Though social networking allows us to communicate with people all over the world, at times it seems to segregate us more than ever. Real-life interaction is often interrupted by bings and beeps. Thoughts become tweets and e-mails. Our fingers do the walking and the talking now.

From neglecting friends and family members to creating severe relationship problems, the Internet and our attachment to it can consume our lives.

One study documents 396 negative effects of the web on social involvement, including significant family problems, Dubord says.

“Reports have shown that excessive use of the Internet resulted in personal and family problems, with 53% of test-takers reporting severe relationship problems,” he says.

“Personal and family concerns extended to marriages, dating relationships, parent-child relationships, and close friendships.”

Dubord notes one case where a New York woman divorced her husband due to Internet overuse, and an extreme case involving a Korean couple so addicted to virtual games they let their three-month-old daughter starve to death.

If you think you may have a problem, Tamblyn says the best thing to do is ask for help.

“You can get an assessment at any treatment centre, or do it online and it’s anonymous. There are a lot of people struggling, and there’s a lot of help.”

Too e-dependent? Greg Dubord points out some general warning signs:

1. Lose track of time online.

2. Failed attempts at moderating Internet behaviour.

3. Neglecting work, sleep, friends and/or family to spend time online.

4. Turning to the Internet in times of stress or sadness to feel better.

How to cut down, according to Laurie Tamblyn:

1. Give yourself short breaks throughout the day when you can’t check your messages. Try going for a walk without your smartphone.

2. Put your iPad to bed. Set a bedtime for your Internet devices.

3. Wi-Fi-free meals. Wash your hands of wireless devices before eating.

4. Put your computer in a high-traffic area to stay accountable to those around you.

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Man arrested over alleged police payments named as Sun journalist

 

A Sun journalist has been arrested as part of Scotland Yard's investigation into alleged payments to police officers by newspapers. The reporter is believed to be Jamie Pyatt, district editor of the paper. The arrested journalist was taken to a South West London police station at 10.30am on Friday. Pyatt, 48, has been working at the Sun since 1987. He is the sixth person arrested by detectives working in Operation Elveden, which was set up in July following allegations that police officers had received up to £130,000 over several years from the News of the World for information, including contact details of the royal family. News International refused to comment on the arrest and saying it had "a very clear duty of care to employees and would not be making any comment on individuals". Scotland Yard also refused to confirm the identity of the person it arrested, but said in a statement earlier that it had arrested a 48-year-old man in connection with Operation Elveden. Its statement said: "He was arrested outside London on suspicion of corruption allegations in contravention of section 1 of the Prevention of Corruption Act 1906, and is being brought to a south-west London police station." Operation Elveden is one of three Met investigations relating to alleged illegal activities by newspapers. The others are Operation Weeting and Operation Tuleta, set up to examine phone hacking and computer hacking, respectively. On Thursday, Scotland Yard confirmed to the Guardian that the number of people whose phones may have been hacked had reached 5,800 – 2,000 more than previously stated. So far 16 people have been arrested and bailed on allegations of phone hacking.

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Italy government hangs by thread as coalition crumbles

 

Italian Prime Minister Silvio Berlusconi's fate hung by a thread Friday and desertions from his crumbling centre-right coalition may have already robbed him of the parliamentary numbers he needs to survive. Berlusconi, caught in the crossfire from European powers and a party revolt at home, agreed at a G20 summit in France to IMF monitoring of economic reforms which he has long promised but failed to implement. But this may soon be irrelevant for the Italian leader, who will return to Rome later Friday to face what looks increasingly like a deadly rebellion by his own supporters. With financial markets in turmoil over the situation in Greece and Italy viewed as the next domino to fall in the euro zone crisis, calls are mounting for a new government to carry through reforms convincing enough to regain international confidence. Berlusconi has consistently rejected calls to resign and says the only alternative to him is an early election next spring, rather than the technocrat or national unity government urged by many politicians and commentators. Yields on 10-year Italian bonds reached 6.36 percent by early afternoon, creeping closer to 7 percent, a level which could trigger a so-called "buyers' strike" where investors take fright and refuse to buy the paper. Two deputies from Berlusconi's PDL party this week defected to the centrist UDC, taking his support in the 630-seat lower house of parliament to 314 compared with the 316 he needed to win a confidence vote last month. But at least seven other former loyalists have called for a new government and could vote against the 75-year-old media magnate. "The (ruling) majority seems to be dissolving like a snowman in spring," said respected commentator Stefano Folli in the financial daily Il Sole 24 Ore. Other commentators spoke of an "inexorable" revolt against Berlusconi. Even Defence Ministry undersecretary Guido Crosetto, a Berlusconi loyalist, said on television: "I don't know how many days or weeks the government has left. Certainly a majority relying on a few votes cannot continue for long." PATRONAGE Berlusconi, one of Italy's richest men, still has significant powers of patronage and he and his closest aides are expected to spend the weekend trying to win back support for a parliamentary showdown Tuesday. Some rebels have already threatened to vote against Berlusconi in the vote to sign off on the 2010 budget. Berlusconi faced concerted calls to resign when he lost a previous vote on this routine measure, which was almost unprecedented. Although it is not a confidence motion, he would come under huge pressure if he suffered a second defeat. "Unpopular prescriptions are necessary and this challenge cannot be faced with a 51 percent government," said UDC leader Pier Ferdinando Casini, in a reference to Berlusconi's weakness and a widespread feeling that the reforms can only be passed with a broad consensus. The premier has promised European leaders that he will call a formal confidence motion within 15 days to pass amendments to a budget bill incorporating new measures to stimulate growth and cut Italy's huge debt. That will be in the Senate where he has a more solid majority but it could still bring him down. Berlusconi, beset by a string of sex scandals and court cases, has consistently resisted pressure from groups ranging from a powerful business lobby to the Catholic Church to stand down.

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Welcome to Oculto Café – Cordoba’s infamous Satanic saloon.

 

GLASSES shoot across tabletops, busty vamps serve blood-red cocktails, and twisted locals raise a toast to an image of Aleister Crowley. Welcome to Oculto Café – Cordoba’s infamous Satanic saloon. The bar is situated in a maze of narrow, winding streets in the ancient ‘Old Town’ district. Stepping outside for a Marlboro, I scan my surroundings. It’s a chilly, moonlit night and the streets are deserted. Strain your ears, however, and you’ll hear muffled voices coming from dark balconies. It’s like a scene from Interview with the Vampire. As I re-enter, the room falls silent. A cross-eyed chap stares at me… well, I think it’s me… it’s hard to tell. Had my gothic guy-liner run, or had he caught a whiff of fresh meat? In this insular atmosphere, I feel as welcome as Gary Glitter at Tivoli World! Forget fruit machines and pool tables, it’s ouija boards and tarot cards that keep these punters amused. A little weakened, I seize a newspaper and hide in the corner. Alongside ads for ‘Black Angels’ and ‘Colombian Swallowers’, the classifieds are swarming with clairvoyants. I’m shocked! Isn’t Spain supposed to be a God-fearing country? But the truth is, up until the Inquisition (1478), Iberia was a hotbed of magic and sorcery. With the coming of Catholicism, however, mystics – including ‘witches’ and ‘healers’ were round-up and executed. For survival’s sake, Spaniards severed their ties with the ‘other side.’ Today, however, there is growing evidence that Spain is returning to its supernatural roots. Church-going is down (just 14.4%), and stories of Satanism are everywhere. In March 2011, an Almerian church was littered with satanic scrawls. Investigators claimed that the site had been used for a “black mass.” Tenerife’s Arona Cemetery has also been targeted by sinister cults. In 2008, graves were desecrated and animals sacrificed during “bizarre nocturnal rituals”. For sceptics, it’s easy to blame rebellious youth or drug-addicts for these atrocities. However, as someone who’s experienced dark forces – first hand – I try to keep an open mind. It all started in 2001 when I was filming a documentary at Devon’s Berry Pomeroy. In the castle grounds, I indivertibly captured an inhuman figure on camera.  Whilst replaying the footage to BBC colleagues, the office computers went wild. In 2009, I moved my family to a 15th century cottage on the West Pennine Moors. Unbeknown to us, our ‘dream house’ was built on a Quaker burial site. During our six-month stay – we endured stamping noises, icy chills and orbs zipping round the lounge. At night, the constant thumping would deprive us of sleep, and we’d trudge into work like a couple of zombies. However, my most recent spooking occurred right here in Andalucia. One evening, I watched a can of Asturiana cider move sideways, hover and then drop off the table! Earlier that day, an old drinking buddy had been buried in Devon – was this his final ‘chin-chin’? Whatever it was, it scared the bejesus out of my missus and she hasn’t slept properly since. Two weeks on, and we’re sitting in Oculto, trying not to blush at orgy paintings. After some Dutch courage, I enquire about a séance at the bar. A black-toothed midget points towards a battered wooden door. Timidly, I wander down the corridor and knock on wood. It’s opened by a raven-haired gypsy. She’s both beautiful and grotesque: Penelope Cruz’s mum meets the Bride of Chucky. Without speaking – she beckons me in with a long, black talon. With low ceilings, purple walls and an absence of windows – the room is claustrophobic and unsettling. Under flickering candlelight, the Victorian death portraits seem to eyeball you from the walls. But it’s the cold air and fetid stench that’s really sending shivers down my spine. The woman glides over to a monolithic Ouija board and orders me to sit. She lays out a clutch of cards, including The Hanged Man, The Fool, The Stig, Jeremy Clarkson, Dog the Bounty Hunter, The Archbishop of Canterbury and Boy George. Okay… I lied about Boy George – but it’s all the scary ones! Suddenly, my stomach churns and I shout ‘Stop!’ I apologise for wasting her time – but I’ve got the heebie-jeebies. A floating cider is hardly The Ring – so why risk opening a fresh can of worms? I chat to Jose, a Pepe Reina lookalike in his late 20s. Around us, weirdoes chuck darts at an image of the Pope (only joking….it’s Desmond Tutu!) Jose is erudite and speaks fine English. Over Osbourne brandies, I pose the question: “So….Are you a Satanist?” “Of course”! Jose replies: Usually, I’d grab my coat, but by now, I’m immune to the madness. After dispelling myths of “priest-beating” and “baby-eating”, Jose insists that Satanists are “Perfectly normal.” Apparently, the only difference is they choose “indulgence over abstinence’, and prefer “vengeance” to forgiveness. Oh…..and they enjoy kinky sex and coke-snorting – but hey… so does the cast of Skins. By 1am I’m craving a Horlicks and a late night snack. I thank Jose and wish him a “hell-of-a-life.” We leave Occulto and hot-foot it to the Corredera for a greasy kebab. After filling our faces, we clamber into a taxi. We’re only 10-minutes from the hotel – but I’m bloated on beer and lamb offal. Back at the room, Jose’s words haunt me. Having spent the last five hours binge-drinking, ogling rude pictures and eating crap – could I be accused of “indulgence”? If Christianity equals modesty, chastity and turning the other cheek, what about all those times I’ve bought designer togs, belted a thug or lusted over lesbians? Perhaps I’m more Satanic than I thought? By bedtime, I’d seen no demons, virgin sacrifices or people snacking on goats’ head soup. This said, not everyone was as friendly as Jose, and the yokels at the bar seemed quite menacing. I’ve yet to decide whether Satanists are ordinary folk – daring to be different, or psychopaths to be avoided at all costs. I DO know, however, that pentangles are not for me. For one – I like animals too much to put their heads on sticks – and secondly, I root for the “goodies” when it kicks off on Buffy. Nevertheless, I enjoyed my time at Occulto and found the experience enlightening. Whatever they are (or aren’t), there’s a pub full of them in Cordoba, and if you ever feel like taking a walk on the wild side, you know where to head.

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Body found in boot of crashed car on Alicante motorway

 

Firemen called out to an accident on the A-31 Alicante-Madrid motorway early on Monday found an unidentified body in the boot of a car which had crashed into the central reservation at Sax and then burst into flames. The body was partially burnt but appears to be that of a man. Reports indicate that the deceased had been tied up and gagged. No other occupants were found at the site and the Civil Guard are now trying to identify the victim and the cause of death.

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Hells Angels have had a rough year in California.

 

The Hells Angels have had a rough year in California. Three Northern California members have died violently in the last month amid a turf battle with a rival biker gang. And law enforcement officials on both ends of the motorcycle club's home state are pursuing and jailing members, with 26 Angels and their associates arrested recently in San Diego. The violence spilled into public view in the unlikeliest of places two weeks ago when thousands of Harley-Davidsons rolled up to a San Jose cemetery on a sunny Saturday afternoon to bury a Hells Angels leader who was gunned down weeks earlier in a Nevada casino. A Hells Angel allegedly shot and killed a fellow member at the cemetery and fled — the latest sign of the in-fighting and violence that has plagued the gang in recent months. And if the deadly gunfire were not enough, a member was plowed down by a van a week later near Oakland, the alleged the victim of road rage. While no one is predicting the demise of the notorious outlaw motorcycle club, law enforcement officials and gang experts said the Hells Angels' recent woes still stand out for an organization they describe as violent, sophisticated and disciplined with loyal-to-the-death members. "They are the heavyweight champions of the biker gang culture," said Jay Dobyns, an agent with Bureau of Alcohol, Tobacco, Firearms and Explosives who infiltrated the Hells Angels in Arizona for two years beginning in 2001. "And every other biker gang wants the belt." The organization has a long history in California, dating to its founding in 1948 by returning World War II veterans in the dusty town of Fontana and including a notorious incident during a Rolling Stones show in Altamont in 1969 in which a spectator was stabbed by a Hells Angel working security. A jury later acquitted the killer, finding he acted in self defense. The U.S. Department of Justice says the Hells Angels now have as many as 2,500 members in 230 chapters in 26 countries, and are a major source of drug-trafficking. Federal, state and local police have pursued the club for decades, infiltrating it with undercover agents, prosecuting suspects with harsh charges once reserved for the Mafia and indicting members on charges ranging from drug trafficking to mortgage fraud. Yet the club flourished. They opened chapters worldwide, aggressively enforced their trademarks in court like a responsible Wall Street corporation and won high-profile acquittals and other legal battles with law enforcement. The ATF, which handles many federal biker cases, said it arrested more outlaw motorcycle gang members last year than any other since 2003. Police in Germany, Canada and elsewhere also report a surge in motorcycle gang violence, with much of it connected to the Hells Angels. The California Hells Angels' current problems are partly rooted in a battle with the Vagos, a California-based motorcycle club founded in the 1960s. The clubs have been bitter enemies dating at least back a decade to a violent 2001 confrontation at a Costa Mesa swap meet. "These groups are trying to expand their membership and dominance," said Kent Shaw, the California Attorney General's acting head of law enforcement. "There's going to be a number of clashes and it seems to have gotten worse over the last couple years. It seems to be coming to a flash point." After dozens of Vagos took over a bar in Lakeport, Calif., and rode their motorcycles up and down the main drag, officials went so far as to close the downtown to traffic on May 14. Lake County Sheriff Frank Rivero said the Vagos were making a statement about controlling the region after one of its members was allegedly beaten by Hells Angels earlier in the year. So Rivero put up a road block that day after the California Highway Patrol and FBI warned that Hells Angels were traveling toward town. The Angels turned back before reaching the road block. But now the district attorney is investigating whether the sheriff violated the club members' civil rights with his plans to stop them. The sheriff is unapologetic. "It's a basic response," Rivero said. "I'm not going to tolerate gang violence in Lake County." A month later, a Vagos member and a friend were severely beaten in a casino. Four Hells Angels have been charged with assault. Three were arrested and the sheriff said they were bailed out by fellow Angel Steve Tausan, who owned a bail bonds company. A fourth is being sought. In September, the two gangs fought again. San Jose Angels leader Jeffrey "Jethro" Pettigrew was slain during a wild shootout with rival Vagos in a Reno-area casino on Sept. 23. It was at Pettigrew's burial where more violence occurred. Two shots were fired, and Tausan, Pettigrew's good friend and high-ranking Angel, lay bleeding with a mortal wound. Police suspect fellow Angel Steve Ruiz of firing on Tausan after they argued over the casino shooting and whether enough was done to protect Pettigrew, the president of the San Jose chapter. Police are now searching for Ruiz, who reportedly was hustled into a waiting car, leaving behind his motorcycle. Investigators initially feared Ruiz was killed and went so far as to dig up Pettigrew's grave in search of a body. But now police believe he is on the run with his girlfriend. San Jose police were out in force Saturday as Tausan was laid to rest at the same cemetery where he was killed during the Oct. 15 funeral. A police spokesman said there were no reports of any disturbances or violence. The Hells Angels didn't respond to numerous phone calls and email messages sent to their clubhouses in San Jose and Santa Cruz, where Tausan served as the chapter's sergeant at arms. The Angels have always maintained they are a club of motorcycle enthusiasts who are unfairly regarded as an organized crime syndicate because of the crimes of a few members acting independently. The club participates in charity events, such as "Toys for Tots" motorcycle runs and blood drives. "When we do right, nobody remembers," the club's Web site states. "When we do wrong, nobody forgets." Karen Snell, a lawyer who won a $1.8 million settlement in 2005 after the San Jose chapter filed a lawsuit claiming illegal police searches during a murder investigation, said Pettigrew, Tausan and the others involved with the case were serious businessmen with families. "They were really responsible clients," Snell said. "In my all my interactions with them, they were always gentlemen." Now Pettigrew and Tausan are dead. "We lost our brother, our father, our son and our friend," said Karen Tausan, Steve's sister. "He left a big hole in our family and we can only hope this will come to an end now."

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10,000 border arrests due to screening system

 

10,000 criminals including rapists and murderers have been held at the UK border thanks to a screening system begun in 2005, a minister has said. Air and sea carriers using UK ports and airports submit passenger and crew details electronically to the e-Borders screening system, prior to travel. It results in about 52 weekly arrests, Immigration Minister Damian Green says. He praised the UK Border Agency and police for the scheme, which covers up to 55% of journeys to and from the UK. "By checking passenger and crew information before travel, law enforcement agencies can apprehend those trying to evade justice," Mr Green said. "From 2013 the new dedicated Border Policing Command, part of the National Crime Agency, will further strengthen security at the border, providing leadership and coordination based on a single national threat assessment and strategy." E-Borders has not avoided controversy. The government faces the threat of a lawsuit from Raytheon, the firm which managed the £750m system until Mr Green terminated its contract in July 2010 over delays to its full implementation. Raytheon says the problems were down to UK Border Agency mismanagement of the scheme. But John Donlon, of the Association of Chief Police Officers, said e-borders would continue to play a key role. Extending scheme "Police have been able to identify those wanted for offences before they leave or when they return to the UK, bringing offenders to justice and supporting counter-terrorist and serious crime investigations," he said. More than 125 million passengers' details were screened in the year to September, resulting in 2,700 arrests. Among those detained were 11 murderers, 22 rapists, 316 violent criminals and 126 drug offenders, government figures show. The government is extending the number of routes and carriers covered by the e-Borders system and will re-introduce exit checks by 2015. "Inevitably as more routes are covered the number of arrests will grow," Mr Donlon added. The border agency said recent successes included the arrest at Manchester Airport of a 44-year-old man who was later charged with sexually grooming a boy after an alert from Swiss authorities, and the detention of a man wanted for a rape 14 years ago. Other cases involved the jailing of a Spanish drugs courier trying to smuggle 1kg of cocaine from Brazil, the arrest of one man from Dubai who was wanted for a £5.7m theft and another who was suspected of a £50m fraud. Meanwhile, the agency said on Sunday it had blacklisted nearly 3,000 banks it believed could not be trusted to verify documents supporting student visa applications.

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charity worker employed by one of David Cameron’s Big Society gurus has been arrested on suspicion of smuggling cocaine with a street value of £120,000

charity worker employed by one of David Cameron’s Big Society gurus has been arrested on suspicion of smuggling cocaine with a street value of £120,000 into Britain.

Former US gang member Derrick ‘Anthony’ Mitchell was held at Heathrow this month after UK Border Agency officers allegedly discovered 3kg of drugs in his luggage. 

Mitchell, 37, is a duty manager at the South London-based Kids Company founded by charity boss Camila Batmanghelidjh. She set it up in 1996 to care for abused, neglected or  abandoned children in London’s inner-city communities. 

She has been described as ‘Britain’s most colourful charity leader’ because of her style, dress sense and selfless approach to charity work. 

The award-winning author and campaigner was invited  to 10 Downing Street last year. 

She also advises former Tory leader Iain Duncan Smith and is thought to be one of the inspirations behind Mr Cameron’s pledge to ‘hug a hoodie’. 
Ms Batmanghelidjh spoke of her shock at the allegations surrounding Mr Mitchell, whom  she described as a ‘street-level youth mentor’.

She said: ‘Obviously, because the judicial process needs to take place, we cannot legally comment. The only thing I can say is that the alleged incident took place while he was on holiday in his own time.

‘At this stage I do not know enough to know the full details. But as a worker, he gave exceptional commitment to the kids over a number of years and I can never take that away from him. 

Pledge: David Cameron's Big Society aims to 'take power away from politicians and give it to people'

As an organisation, we employ a range of people and a lot of them have had challenging backgrounds as children and we have given them chances. The majority of them go on to do incredibly well.

‘In the situation of this individual, if what is alleged has occurred, he has made an abhorrent choice and I do not agree with it.’ 

Camila Batmanghelidjh said she was shocked at the allegations surrounding Mr Mitchell, claiming he gave 'exceptional commitment to the kids'

Mitchell, of Camberwell, south London, was arrested at Heathrow on October 6 and remanded in custody by Uxbridge magistrates the next day. He will reappear in court in the next month. 

The university undergraduate has previously spoken of deciding to rebuild his life after leaving a violent street gang in Miami.

He claimed he had earlier sold drugs and lost a family member to violence at the age of 19 when his sister bled to death after being stabbed in a leg.

After coming to Britain in his 20s, he began working with the charity about five years ago, attempting to convince youths in gangs to turn their back on crime. 

Kids Company operates from three centres in Southwark, Lambeth and Camden in London, as well as working in 37 inner-city schools.

It employs more than 600 people in full and part-time roles to reach out to 14,000 children from the capital’s most deprived and crime-ridden areas. 

Many of the youngsters live with  parents who are unable to care  for them and have had severely troubled lives.

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Brussels is stifling City of London, Cameron claims

 

David Cameron signalled new European battles ahead as he pledged to resist alleged attempts by Brussels to shackle the City of London in red tape. The Prime Minister echoed claims that the emergence of a two-tier Europe following the financial crisis could result in a wave of EU directives that would harm the Square Mile. The Government has said it is determined to prevent the 17 members of the eurozone acting as a bloc to thwart the interests of the 10 EU states, including Britain, that have retained their own currencies.

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Qantas grounds all flights

 

Australia’s Qantas Airways grounded its entire fleet on Saturday over a bitter labour dispute in an unprecedented move that prompted the government to warn it feared for the airline’s future and would seek action to end the dispute. EDITOR’S CHOICE Strikes cost A$15m-a week in lost sales - Oct-28 US airlines earnings hit by fuel costs - Oct-27 Lufthansa scales back passenger forecasts - Oct-27 Virgin eyes tie-up with Etihad on BMI - Oct-14 Qantas overhauls lossmaking international operations - Aug-16 Qantas said it would lock out all employees from Monday night in a dispute affecting 70,000 passengers and 600 flights on one of the country’s biggest travel weekends. The grounding does not affect Qantas’ budget airline Jetstar or code-share flights on other airlines. Passengers will get a full refund for flights cancelled due to the industrial action, Qantas said on its website. Customers can also rebook their flights for a later date. The announcement took passengers and the government by surprise, embarrassing Prime Minister Julia Gillard who was hosting a Commonwealth leaders summit in Perth. Some of those leaders are booked to fly home on Sunday with Qantas. Unions, from pilots to caterers, have taken strike action since September over pay and opposing Qantas plans to cut its soaring costs, as it looks at setting up two new airlines in Asia and cutting back financially draining long-haul flights. “They are trashing our strategy and our brand. They are deliberately destabilising the company. Customers are now fleeing from us,” Qantas Chief Executive Alan Joyce said.

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Failure to solve Europe's debt crisis will cost UK taxpayers billions

 

Britain has already injected £1.88bn into the European Investment Bank (EIB) and pledged another £35.7bn, equivalent to close to 2pc of UK GDP, to be drawn down as required. Although the EIB, which is the world's largest non-government borrower, ranks above other unsecured creditors, thanks to its "privileged relationship" status under the EU treaty, it could face huge losses in the event of a euro break-up. If the UK's stake in the European Bank for Reconstruction and Development (EBRD) is included then the total capital commitment for the taxpayer could rise by a further several billion pounds. On top of this the country could also be called on to stump up some of the cost of the EU's emergency funding facility the European Financial Stability Mechanism. "What the public doesn't realise is the quite simply staggering amounts of taxpayer money that has already been committed if things get significantly worse. This may be a doomsday scenario, but recent history has proven that many events thought extremely unlikely have a funny habit of coming to pass," said one London-based credit analyst. The EIB's most recent accounts reveal huge sovereign credit risk exposures to the endangered periphery states. Some €14.2bn of loans were made to, or guaranteed by, the Greek government. Another €7.7bn is backed by the Portuguese sovereign.

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full brutality of former Libyan tyrant Muammar Gaddafi's regime has been revealed in chilling video footage of prison torture sessions.

The full brutality of former Libyan tyrant Muammar Gaddafi's regime has been revealed in chilling video footage of prison torture sessions.

And the fallen dictatorship's former foreign minister, Musa Kusa - who was released by the British authorities six months ago after he defected to the UK in March - is facing fresh allegations that he was directly involved in the beating of political prisoners.

The footage - obtained by the BBC's Panorama programme - was reportedly shot at the notorious Abu Salim prison in Tripoli. It shows crouching inmates, blindfolded and wearing blue uniforms, being repeatedly whipped and kicked by interrogators. 

Brutal: A still from footage of a prisoner being whipped inside the Abu Salim prison during Gaddafi's rule

Last month the remains of more than 1,200 prisoners were found in a mass grave outside the prison's walls.  

 

 

More...

• Now the hunt for justice begins: Libya's secret files on Yvonne Fletcher, Lockerbie bombing and IRA weapons to be made public 'within months'
• Finally free: Libya officially declares its liberation after 42 years of brutal rule

     

 

The Panorama team tracked down Kusa to a luxury resort in Qatar during its investigation into his role in alleged war crimes. He declined to be interviewed for the programme.

Kusa was head of Gaddafi's intelligence agency from 1994 and a senior intelligence agent when PanAm flight 103 was blown up over Lockerbie.

Inhumane: An inmate is kicked in the head by one official as a prison guard looks on

 

Back in the spotlight: Torture suspect Musa Kusa defected to Britain in April but moved to Qatar just weeks later

The Boeing 747 jumbo jet was en route from London to New York when it exploded over the Dumfriesshire town, killing 243 passengers, 16 crew and 11 residents.

There have also been calls for Kusa to be quizzed in relation to the murder of PC Yvonne Fletcher, who was shot during a protest outside London's Libyan Embassy in 1984.

Kusa made a high-profile defection to Britain in March and was interviewed by police and Scottish prosecutors investigating the Lockerbie attack.

But within weeks he was allowed to leave the UK following an EU decision to lift sanctions against him, meaning he no longer faces travel restrictions or an asset freeze.

No comment: Panorama reporter Paul Kenyon is blocked by a bodyguard while attempting to question Kusa

The Foreign Office said Kusa was a 'private individual' who had been interviewed voluntarily.

But the ruling was condemned by one Tory MP who said Britain had become 'a transit lounge for alleged war criminals'.

And Britain is now under fresh pressure to interview Kusa in relation to the allegations.

Dr Jim Swire, whose 23-year-old daughter Flora died in the Lockerbie bombing, said that if anyone could offer any insight into the 'huge questions still unanswered' on Libya's role in Lockerbie, it would be Mr Kusa.

High profile: Kusa was less reluctant about speaking to the press following his defection to London earlier this year

He said: 'When I met Musa Kusa in Libya in 1991 it was clear to me he was the guy who was central to the Gaddafi administration.

'He could tell us just as much as Gaddafi about Lockerbie as he was at the core of the regime.

'He was a very, very key figure and we need answers as to why he was allowed to fly back. Any probing over his crimes should be done by the International Criminal Court.'

Pamela Dix, who lost her 35-year-old brother Peter in the atrocity, said she was 'incensed' after Mr Kusa was allowed to leave Britain in the first place.

She said: 'We cannot turn a politically pragmatic blind eye.

'I do not know what Musa Kusa knows or does not know about Lockerbie but he needs to come back to answer those questions.

'I condemn the attitude of the UK Government in the strongest possible terms. A political hands-off attitude is inappropriate.'

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The slain Libyan leader Moamer Kadhafi secretly spirited out of Libya and invested overseas more than $200 billion

 

The slain Libyan leader Moamer Kadhafi secretly spirited out of Libya and invested overseas more than $200 billion -- double the amount that Western governments previously had suspected, The Los Angeles Times reported late Friday. Citing unnamed senior Libyan officials, the newspaper said US administration officials were stunned last spring when they found $37 billion in Libyan regime accounts and investments in the United States. They quickly froze the assets before Kadhafi or his aides could move them, the report said. Governments in France, Italy, England and Germany seized control of another $30 billion or so. Earlier, investigators estimated that Kadhafi had stashed perhaps another $30 billion elsewhere in the world, for a total of about $100 billion, the paper noted. But subsequent investigations by US, European and Libyan authorities determined that Kadhafi secretly sent tens of billions more abroad over the years and made sometimes lucrative investments in nearly every major country, including much of the Middle East and Southeast Asia, The Times said. Most of the money was under the name of government institutions such as the Central Bank of Libya, the Libyan Investment Authority, the Libyan Foreign Bank, the Libyan National Oil Corporation and the Libya African Investment Portfolio, the paper pointed out. But investigators said Kadhafi and his family members could access any of the money if they chose to, the report said. The new $200 billion figure is about double the prewar annual economic output of Libya, The Times noted. Kadhafi, who lorded over the oil-rich North African nation for 42 years, met a violent end on Thursday after a NATO air attack hit a convoy, in which he was trying to escape from his hometown of Sirte. He survived the air strike but was apparently captured and killed after a shootout between his supporters and new regime fighters.

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¡Ole! Spain drives legality into mobile services with Sybase 365

 

Spain was one of the first countries to start to lay down laws relating to old non-registered pay-as-you-go SIM cards for anti-terrorism reasons i.e. you MUST tell the authorities your name and address and get a new SIM if you had one of the old anonymous ones. Following on from this "mobile legality" theme, news this week bubbles of Sybase subsidiary company Sybase 365 working with Spanish mobile operator Yoigo. The two firms have joined forces to offer registered SMS, a new service allowing companies to send customers confirmation text messages with the same legal standing as registered mail. According to Sybase, "Officially certified by the Spanish Real Casa de la Moneda (The Royal Mint of Spain) the Sybase 365 and Yoigo service recognises an SMS confirmation as legal proof of delivery of important documents and information. These certificates can then be used as evidence in judicial proceedings in Spain for enterprises wishing to demonstrate correspondence with their customers. This will enable companies and their customers to resolve disputes in a timely manner, avoiding the cost of court proceedings." With registered SMS, financial institutions, utility companies and enterprises will be able to use SMS where previously they would have used registered mail. Developers working to build in legally approved services into mobile (or desktop for that matter) applications should perhaps take note of Sybase 365's suggestion that an SMS provides a number of advantages over registered mail including five times better response rate over traditional mail and is read 288 times faster than email. "No other communication medium has the ability to reach more people than SMS, said Howard Stevens, senior vice president, global telco and international operations, Sybase 365. "Consumer acceptance and enterprise adoption of the mobile channel is fuelling the growth in volume, availability and sophistication of mobile services and the registered SMS services we're launching confirms this trend."

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FSA broke its own rules in Keydata probe, judge rules

 

High Court judge found that the Financial Services Authority (FSA) had wrongfully used privileged emails to bring its case against Keydata. A further "relief hearing" will now determine the impact of the ruling, which could de-rail the case altogether. It is the latest in a line of setbacks for the regulator, which has been investigating regulatory breaches at Keydata and millions of pounds of missing retail funds for two years. Keydata invested in "life settlement funds", which buy and sell US life insurance and generate high returns. In June 2009 the FSA applied for Keydata's closure "to protect investors", saying it was concerned about "potentially missing assets". The business was fast-tracked into administration and referred to the Serious Fraud Office (SFO). It emerged that £103m of life insurance policies managed by a Luxembourg business, SLS Capital, and sold to Keydata investors as low-risk bonds might have been "misappropriated".

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US issues travel alert linked to Iran plot

 

The US State Department late on Tuesday issued a worldwide travel alert for US citizens, warning of the potential for anti-US action after the United States accused Iran of backing a plot to kill Saudi Arabia's ambassador to Washington.   Murder Plot Iranians charged over assassination plot / Reuters American authorities uncover plot to bomb Israeli, Saudi embassies in Washington, assassinate Saudi ambassador Full story "The US government assesses that this Iranian-backed plan to assassinate the Saudi ambassador may indicate a more aggressive focus by the Iranian government on terrorist activity against diplomats from certain countries, to include possible attacks in the United States," it said in a statement on its website.   The alert expires January 11, 2012, it said.

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Tech Savvy Street Gangs Take On Social Media

 

The fight against Indiana’s gangs isn’t always waged on the street. School officials, social workers and probation officers said the newest battle ground in gang warfare is social media. According to Indianapolis anti-crime advocates who attended a gang awareness seminar on Friday, Indy gang members are younger, more mobile, and they’re using social media networks to recruit and plan. An Indianapolis Metro Police Department gang unit detective said he carries out most of his investigations online and undercover, 6News' Jack Rinehart reported. "I have a Facebook account. My alter-ego has over 210 gang member friends. I have a completely fictitious account,” the IMPD detective said. IMPD have identified more than 300 street gangs in Indianapolis, all of them engaging in various levels of assaults, thefts, robberies and even murder. Lt. Marshall DePew said that because of the gangs’ expansive territory, police have expanded their base of operation, too. "We've expanded our detectives in the unit, and we’ve expanded the number of deputy prosecutors. We have a great liaison with the U.S. attorney’s office. I think more so than ever before, I think we're doing a better job of connecting the dots," DePew said. Police said that every school district in every Indiana county has a gang presence. In Hagerstown in Wayne County, school officials have banned bandannas, sagging pants and cellphone use in school. Officials said they're also contemplating a uniform dress code for students. Dave Land, assistant principal at Hagerstown High School, said he warns parents about the dangers of social media. "I tell parents that if you allow your kids to be on Facebook or do the texting, you're probably going to get into a bullying situation with your son or daughter,” Land said. Police and gang experts agreed that the best deterrent in gang involvement begins at home.

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Roll over Einstein: Law of physics challenged

 

One of the very pillars of physics and Einstein's theory of relativity - that nothing can go faster than the speed of light - was rocked Thursday by new findings from one of the world's foremost laboratories. European researchers said they clocked an oddball type of subatomic particle called a neutrino going faster than the 186,282 miles per second that has long been considered the cosmic speed limit.  The claim was met with skepticism, with one outside physicist calling it the equivalent of saying you have a flying carpet. In fact, the researchers themselves are not ready to proclaim a discovery and are asking other physicists to independently try to verify their findings. "The feeling that most people have is this can't be right, this can't be real," said James Gillies, a spokesman for the European Organization for Nuclear Research, or CERN, which provided the particle accelerator that sent neutrinos on their breakneck 454-mile trip underground from Geneva to Italy. Going faster than light is something that is just not supposed to happen according to Einstein's 1905 special theory of relativity - the one made famous by the equation E equals mc2. But no one is rushing out to rewrite the science books just yet. It is "a revolutionary discovery if confirmed," said Indiana University theoretical physicist Alan Kostelecky, who has worked on this concept for a quarter of a century.   Stephen Parke, who is head theoretician at the Fermilab near Chicago and was not part of the research, said: "It's a shock. It's going to cause us problems, no doubt about that - if it's true." Even if these results are confirmed, they won't change at all the way we live or the way the world works. After all, these particles have presumably been speed demons for billions of years. But the finding will fundamentally alter our understanding of how the universe operates, physicists said. Einstein's special relativity theory, which says that energy equals mass times the speed of light squared, underlies "pretty much everything in modern physics," said John Ellis, a theoretical physicist at CERN who was not involved in the experiment. "It has worked perfectly up until now." France's National Institute for Nuclear and Particle Physics Research collaborated with Italy's Gran Sasso National Laboratory on the experiment at CERN. CERN reported that a neutrino beam fired from a particle accelerator near Geneva to a lab 454 miles (730 kilometers) away in Italy traveled 60 nanoseconds faster than the speed of light. Scientists calculated the margin of error at just 10 nanoseconds. (A nanosecond is one-billionth of a second.) Given the enormous implications of the find, the researchers spent months checking and rechecking their results to make sure there were no flaws in the experiment. A team at Fermilab had similar faster-than-light results in 2007, but a large margin of error undercut its scientific significance. If anything is going to throw a cosmic twist into Einstein's theories, it's not surprising that it's the strange particles known as neutrinos. These are odd slivers of an atom that have confounded physicists for about 80 years. The neutrino has almost no mass, comes in three different "flavors," may have its own antiparticle and has been seen shifting from one flavor to another while shooting out from our sun, said physicist Phillip Schewe, communications director at the Joint Quantum Institute in Maryland. Columbia University physicist Brian Greene, author of the book "Fabric of the Cosmos," said neutrinos theoretically can travel at different speeds depending on how much energy they have. And some mysterious particles whose existence is still only theorized could be similarly speedy, he said. Fermilab team spokeswoman Jenny Thomas, a physics professor at the University College of London, said there must be a "more mundane explanation" for the European findings. She said Fermilab's experience showed how hard it is to measure accurately the distance, time and angles required for such a claim. Nevertheless, Fermilab, which shoots neutrinos from Chicago to Minnesota, has already begun working to try to verify or knock down the new findings. And that's exactly what the team in Geneva wants. Gillies told The Associated Press that the readings have so astounded researchers that "they are inviting the broader physics community to look at what they've done and really scrutinize it in great detail, and ideally for someone elsewhere in the world to repeat the measurements." Only two labs elsewhere in the world can try to replicate the work: Fermilab and a Japanese installation that has been slowed by the tsunami and earthquake. And Fermilab's measuring systems aren't nearly as precise as the Europeans' and won't be upgraded for a while, said Fermilab scientist Rob Plunkett. Drew Baden, chairman of the physics department at the University of Maryland, said it is far more likely that the CERN findings are the result of measurement errors or some kind of fluke. Tracking neutrinos is very difficult, he said. "This is ridiculous what they're putting out," Baden said. "Until this is verified by another group, it's flying carpets. It's cool, but ..." So if the neutrinos are pulling this fast one on Einstein, how can it happen? Parke said there could be a cosmic shortcut through another dimension - physics theory is full of unseen dimensions - that allows the neutrinos to beat the speed of light. Indiana's Kostelecky theorizes that there are situations when the background is different in the universe, not perfectly symmetrical as Einstein says. Those changes in background may alter both the speed of light and the speed of neutrinos. But that doesn't mean Einstein's theory is ready for the trash heap, he said. "I don't think you're going to ever kill Einstein's theory. You can't. It works," Kostelecky said. There are just times when an additional explanation is needed, he said. If the European findings are correct, "this would change the idea of how the universe is put together," Columbia's Greene said. But he added: "I would bet just about everything I hold dear that this won't hold up to scrutiny."

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Millions of Hotmail users cut off by Microsoft 'cloud' failure

 

As well as Hotmail, the outage affected Office 365 and the Skydrive online storage service. Microsoft said the cause appeared to be related to the Domain Name System, the computer network that ensures that web addresses are connected to websites. “Preliminary root cause suggests a DNS issue,” the firm said on its office 365 Twitter feed. The problems lasted for at least two-and-a-half hours, beginning at around 4AM British Summer Time. On a company blog, Microsoft said it had fixed the problem at 5.45AM, but the repairs took some time to “propagate” through the DNS network.  "We are working on propagating the DNS configuration changes and so it will take some time to restore service to everyone. Again we appreciate your patience," the firm said. For Office 365, Microsoft’s subscription-only competitor to Google Apps, which went live earlier this year, it was the second major technical failure in less than a month. Such incidents are likely to give pause to organisations considering migration to online “cloud” services, whereby software is delivered from vast data centres, over the internet.

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Starting today, companies and celebrities will have a 50-day "sunrise" period allowing them to officially register under the .xxx domain and put down bids to set up shop in the Internet's red-light district.

 (Lance Whitney/CNET)

(CBS News)  

Starting today, companies and celebrities will have a 50-day "sunrise" period allowing them to officially register under the .xxx domain and put down bids to set up shop in the Internet's red-light district.

 

The new .xxx top-level domain is open not just to porn sites but to nonporn sites that want to block the use of their names on the .xxx domain. Florida-based ICM Registry, which is administering the launch, will work with 50 individual registrars around the world to handle the actual registrations. After the expiration of the sunrise period, a 17 day "land rush" period will open, allowing adult sites to register for whatever .xxxx addresses are still available. After that, applications will be reviewed individually on a first come basis.

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