GM to shut down Saturn after Penske walks away

GM to shut down Saturn after Penske terminates talks with GM on uncertain future assembly

DETROIT (AP) -- General Motors Co. said Wednesday it would shut down its Saturn brand after an agreement with Penske Automotive Group Inc. to acquire it fell apart.

Penske, citing concerns of whether it could continue to supply vehicles after a manufacturing contract with GM ran out, ended talks with GM Wednesday to acquire the brand.

GM CEO Fritz Henderson said in statement that Saturn and its dealership network will be phased out.

"This is very disappointing news and comes after months of hard work by hundreds of dedicated employees and Saturn retailers who tried to make the new Saturn a reality," Henderson said in a written statement. "PAG's announcement explained that their decision was not based on interactions with GM or Saturn retailers."

In a statement, the Bloomfield Hills, Michigan-based auto retailer says an agreement with another manufacturer to continue producing Saturn vehicles after GM stopped making them fell through, leading Penske to terminate talks with GM.

Penske said it negotiated terms and conditions to make Saturn cars with another manufacturer, but that company's board of directors rejected the agreement. Penske spokesman Anthony Pordon would not identify the other manufacturer.

"Without that agreement, the company has determined that the risks and uncertainties related to the availability of future products prohibit the company from moving forward with this transaction," the company said in a statement.

In June, GM and Penske agreed to take over the Saturn brand and related dealerships, although GM would produce the vehicles for a limited period of time.

GM said Saturn vehicle owners can still go to their Saturn dealer for service and would be able to go to a certified GM dealer for service once Saturn dealerships are closed.

It was expected that GM would announce the completion of Saturn's sale to Penske in the coming days.

Share of Penske fell $1.93 to $17.25 in after hours trading. They rose $1.32, or 7.4 percent to $19.18 in regular trading Wednesday.

Space-tech Missile Tested in Iran

A long-range Sejil missile was launched in Iran on Monday. According to Iranian TV’s Arabic language news station, the missile was launched at 10 a.m .local time.

The weapon uses the same kind of technology that is used for satellites and rockets launched into space.

Alalam's correspondent says the missile is not restricted by certain geographic locations, and could be launched from anywhere in Iran.

Iranian Officials previously said that the Sejil has a range of up to 1,240 miles (2,000 kilometers).

Washington is calling the test firing a "provocative" act, coming as it does just days ahead of Tehran's meeting with major powers.

U.S. defense officials say the missile has the range to hit Israel and U.S. bases in the Gulf.

India Forces NASA to Accept ET Presence

Indian Space Reserach Oragization's probe finds water in Moon, NASA decides to accept the fact that it knew for decades - next step extraterrestrial presence on moon?

NASA now agrees that lots and lots of water is present in the moons surface. That also shows the abundance of water in the universe. Interestingly, NASA all of a sudden starts talking about water on the moon after India reveals that it found water from its Moon Impact Probe (MIP).

India's Moon Impact Probe (MIP) was the first instrument to detect water on the moon - way back in November last year when the spacecraft Chandrayaan-1 entered lunar orbit, space agency chief G. Madhavan Nair said here Friday.

''I am happy to share for the first time with all of you that the MIP, while it was descending from Chandrayaan to the moon Nov 14, 2008, picked up strong signals of water particles on the lunar surface,'' the Indian Space Research Organisation (ISRO) chairman told reporters in Bangalore.

Sources from Bangalore now say India plans to force NASA into accepting the Extraterrestrial presence in moon. NASA has all along denied such presence. It even denies the presence of any extraterrestrial objects or entities.

During its 20-minute descent from the Chandrayaan mother spacecraft until its impact near the pole, the 34-kg probe found the water particles varying from the lunar equator.

Indian Space Research Organization is under deep pressure from the Indian Government not to do anything that will antagonize Americans and NASA. But internally ISRO scientists and engineers are determined to expose the UFO phenomenon to the world.

The top management of ISRO is eager to satisfy the political demands of Prime Minister Manmohan Singh who is widely considered as a ‘Good Friend” of America.

''So, we have now multiple ways of confirming the presence of water on the moon. This is being acknowledged the world over as a real discovery. It is a path-breaking event as far as ISRO is concerned,'' an elated Nair said. The mass spectrometre in the MIP registered signatures of hydrogen, helium, oxygen, carbon dioxide and water. ''In that signature, we could see a strong component corresponding to a mass fraction of 18, which is nothing but water. We had a serious doubt at that time. From the initial data, we could see a clear trend of increasing magnitude in the water molecules as it goes towards the poles. It is in line with what has come from M3,'' Nair pointed out.

Fox News - DR says the H1N1 Vaccine is Worse Then The Flu Itself !!

Fox news reporter interviewed an expert on infectious diseases, Dr. Kent Holtorf, who says the H1N1 Flu vaccine is worse then the actual Flu itself.

High Levels of Adjuncts which is linked to Autism
25x of toxic level of mercury
Not to be taken by people who have blood / brain barrier disfunction
Not to be given to children with developing brains
Not to be taken by pregnant woman
Not to be taken by people with neurological illnesses

Dr would absolutely not give to his own children

Also, the virus is loosing its strength as a deadly disease as it comes around the 2nd time.

Here is the interview, well worth the 3 min. it will take you to watch it...

India’s lunar mission finds evidence of water on the Moon

Dreams of establishing a manned Moon base could become reality within two decades after India’s first lunar mission found evidence of large quantities of water on its surface.

Data from Chandrayaan-1 also suggests that water is still being formed on the Moon. Scientists said the breakthrough — to be announced by Nasa at a press conference today — would change the face of lunar exploration.



The discovery is a significant boost for India in its space race against China. Dr Mylswamy Annadurai, the mission’s project director at the Indian Space Research Organisation in Bangalore, said: “It’s very satisfying.”

The search for water was one of the mission’s main objectives, but it was a surprise nonetheless, scientists said.The unmanned craft was equipped with Nasa’s Moon Mineralogy Mapper, designed specifically to search for water by picking up the electromagnetic radiation emitted by minerals. The M3 also made the unexpected discovery that water may still be forming on the surface of the Moon, according to scientists familiar with the mission.

“It’s very satisfying,” said Dr Mylswamy Annadurai, the project director of Chandrayaan-1 at the Indian Space Research Organisation (ISRO) in Bangalore. “This was one of the main objectives of Chandrayaan-1, to find evidence of water on the Moon,” he told The Times.

Dr Annadurai would not provide any further details before a news conference at Nasa today from Dr Carle Pieters, a planetary geologist of Brown University who oversaw the M3.

Dr Pieters has not spoken about her results so far and was not available for comment last night, according to colleagues at Brown University. But her results are expected to cause a sensation, and to set the agenda for lunar exploration in the next decade.

They will also provide a significant boost for India as it tries to catch up with China in what many see as a 21st-century space race. “This will create a considerable stir. It was wholly unexpected,” said one scientist also involved in Chandrayaan-1. “People thought that Chandrayaan was just lagging behind the rest but the science that’s coming out, it’s going to be agenda-setting.”

Scientists have long hoped that astronauts could be based on the Moon and use water found there to drink, extract oxygen to breathe and use hydrogen as fuel.

Several studies havesuggested that there could be ice in the craters around the Moon’s poles, but scientists have been unable to confirm the suspicions.

The M3, an imaging spectrometer, was designed to search for water by detecting the electromagnetic radiation given off by different minerals on and just below the surface of the Moon. Unlike previous lunar spectrometers, it was sensitive enough to detect the presence of small amounts of water.

M3 was one of two Nasa instruments among 11 pieces of equipment from around the world on Chandrayaan-1, which was launched into orbit around the Moon in October last year. ISRO lost control of Chandrayaan-1 last month, and aborted the mission ahead of schedule, but not before M3 and the other instruments had beamed data back to Earth.

Another lunar scientist familiar with the findings said: “This is the most exciting breakthrough in at least a decade. And it will probably change the face of lunar exploration for the next decade.”

Scientists are eagerly awaiting the results of two American unmanned lunar missions, which were both launched in June, that could also prove the existence of water on the Moon.

Early results from Nasa’s Lunar Reconnaissance Orbiter (LRO) recorded temperatures as low as -238C (minus 396.4F) in polar craters on the Moon, according to the journal Nature. That makes them the coldest recorded spots in the solar system, even colder than the surface of Pluto, and could mean that ice has been trapped for billions of years, the journal said. The LRO has also detected an abundance of hydrogen, thought to be a key indicator of ice, at the poles.

The other Nasa mission, the Lunar Crater Observation and Sensing Satellite (LCROSS), is due to crash a probe into a polar crater on October 9 in the hope of sending up a plume of ice that can be examined by telescope.

“We are on the verge of a renaissance in our thinking about the poles of the Moon, including how water ice gets there,” Anthony Colaprete, principal investigator for LCROSS, said in Nature.

Big bang

• The Moon is 4.6 billion years old, about the same age as the Earth

• It is thought to have formed from a giant dust cloud caused when a rogue planet collided with the Earth

• It is 238,000 miles from the Earth

• Gravity on the Moon is a sixth of that on Earth

President Obama's UN Speech

Mr. President, Mr. Secretary-General, fellow delegates, ladies and gentleman: it is my honor to address you for the first time as the forty-fourth President of the United States. I come before you humbled by the responsibility that the American people have placed upon me; mindful of the enormous challenges of our moment in history; and determined to act boldly and collectively on behalf of justice and prosperity at home and abroad.



I have been in office for just nine months, though some days it seems a lot longer. I am well aware of the expectations that accompany my presidency around the world. These expectations are not about me. Rather, they are rooted - I believe - in a discontent with a status quo that has allowed us to be increasingly defined by our differences, and outpaced by our problems. But they are also rooted in hope - the hope that real change is possible, and the hope that America will be a leader in bringing about such change.


I took office at a time when many around the world had come to view America with skepticism and distrust. Part of this was due to misperceptions and misinformation about my country. Part of this was due to opposition to specific policies, and a belief that on certain critical issues, America has acted unilaterally, without regard for the interests of others. This has fed an almost reflexive anti-Americanism, which too often has served as an excuse for our collective inaction.

Shared interests
Like all of you, my responsibility is to act in the interest of my nation and my people, and I will never apologize for defending those interests. But it is my deeply held belief that in the year 2009 - more than at any point in human history - the interests of nations and peoples are shared.

The religious convictions that we hold in our hearts can forge new bonds among people, or tear us apart. The technology we harness can light the path to peace, or forever darken it. The energy we use can sustain our planet, or destroy it. What happens to the hope of a single child - anywhere - can enrich our world, or impoverish it.

In this hall, we come from many places, but we share a common future. No longer do we have the luxury of indulging our differences to the exclusion of the work that we must do together. I have carried this message from London to Ankara; from Port of Spain to Moscow; from Accra to Cairo; and it's what I will speak about today. Because the time has come for the world to move in a new direction. We must embrace a new era of engagement based on mutual interests and mutual respect, and our work must begin now.

We know the future will be forged by deeds and not simply words. Speeches alone will not solve our problems - it will take persistent action. So for those who question the character and cause of my nation, I ask you to look at the concrete actions that we have taken in just nine months.

On my first day in office, I prohibited - without exception or equivocation - the use of torture by the United States of America. I ordered the prison at Guantanamo Bay closed, and we are doing the hard work of forging a framework to combat extremism within the rule of law. Every nation must know: America will live its values, and we will lead by example.

Goal: Defeat al-Qaida
We have set a clear and focused goal: to work with all members of this body to disrupt, dismantle, and defeat al-Qaida and its extremist allies - a network that has killed thousands of people of many faiths and nations, and that plotted to blow up this very building. In Afghanistan and Pakistan, we - and many nations here - are helping those governments develop the capacity to take the lead in this effort, while working to advance opportunity and security for their people.

In Iraq, we are responsibly ending a war. We have removed American combat brigades from Iraqi cities, and set a deadline of next August to remove all of our combat brigades from Iraqi territory. And I have made clear that we will help Iraqis transition to full responsibility for their future, and keep our commitment to remove all American troops by the end of 2011.

I have outlined a comprehensive agenda to seek the goal of a world without nuclear weapons. In Moscow, the United States and Russia announced that we would pursue substantial reductions in our strategic warheads and launchers. At the Conference on Disarmament, we agreed on a work plan to negotiate an end to the production of fissile materials for nuclear weapons. And this week, my Secretary of State will become the first senior American representative to the annual Members Conference of the Comprehensive Test Ban Treaty.

Middle East peace
Upon taking office, I appointed a Special Envoy for Middle East Peace, and America has worked steadily and aggressively to advance the cause of two states - Israel and Palestine - in which peace and security take root, and the rights of both Israelis and Palestinians are respected.

To confront climate change, we have invested 80 billion dollars in clean energy. We have substantially increased our fuel-efficiency standards. We have provided new incentives for conservation, launched an energy partnership across the Americas, and moved from a bystander to a leader in international climate negotiations.

To overcome an economic crisis that touches every corner of the world, we worked with the G-20 nations to forge a coordinated international response of over two trillion dollars in stimulus to bring the global economy back from the brink. We mobilized resources that helped prevent the crisis from spreading further to developing countries. And we joined with others to launch a $20 billion global food security initiative that will lend a hand to those who need it most, and help them build their own capacity.


We have also re-engaged the United Nations. We have paid our bills. We have joined the Human Rights Council. We have signed the Convention on the Rights of Persons with Disabilities. We have fully embraced the Millennium Development Goals. And we address our priorities here, in this institution - for instance, through the Security Council meeting that I will chair tomorrow on nuclear non-proliferation and disarmament, and through the issues that I will discuss today.

This is what we have done. But this is just a beginning. Some of our actions have yielded progress. Some have laid the groundwork for progress in the future. But make no mistake: this cannot be solely America's endeavor. Those who used to chastise America for acting alone in the world cannot now stand by and wait for America to solve the world's problems alone. We have sought - in word and deed - a new era of engagement with the world. Now is the time for all of us to take our share of responsibility for a global response to global challenges.



Not living up to responsibility
If we are honest with ourselves, we need to admit that we are not living up to that responsibility. Consider the course that we are on if we fail to confront the status quo. Extremists sowing terror in pockets of the world. Protracted conflicts that grind on and on. Genocide and mass atrocities. More and more nations with nuclear weapons. Melting ice caps and ravaged populations. Persistent poverty and pandemic disease. I say this not to sow fear, but to state a fact: the magnitude of our challenges has yet to be met by the measure of our action.

This body was founded on the belief that the nations of the world could solve their problems together. Franklin Roosevelt, who died before he could see his vision for this institution become a reality, put it this way - and I quote: "The structure of world peace cannot be the work of one man, or one party, or one Nation…. It cannot be a peace of large nations - or of small nations. It must be a peace which rests on the cooperative effort of the whole world."

The cooperative effort of the whole world. Those words ring even more true today, when it is not simply peace - but our very health and prosperity that we hold in common. Yet I also know that this body is made up of sovereign states. And sadly, but not surprisingly, this body has often become a forum for sowing discord instead of forging common ground; a venue for playing politics and exploiting grievances rather than solving problems. After all, it is easy to walk up to this podium and to point fingers and stoke division. Nothing is easier than blaming others for our troubles, and absolving ourselves of responsibility for our choices and our actions. Anyone can do that.

Responsibility and leadership in the 21st century demand more. In an era when our destiny is shared, power is no longer a zero sum game. No one nation can or should try to dominate another nation. No world order that elevates one nation or group of people over another will succeed. No balance of power among nations will hold. The traditional division between nations of the south and north makes no sense in an interconnected world. Nor do alignments of nations rooted in the cleavages of a long gone Cold War.

New coalitions
The time has come to realize that the old habits and arguments are irrelevant to the challenges faced by our people. They lead nations to act in opposition to the very goals that they claim to pursue, and to vote - often in this body - against the interests of their own people. They build up walls between us and the future that our people seek, and the time has come for those walls to come down. Together, we must build new coalitions that bridge old divides - coalitions of different faiths and creeds; of north and south, east and west; black, white, and brown.

The choice is ours. We can be remembered as a generation that chose to drag the arguments of the 20th century into the 21st; that put off hard choices, refused to look ahead, and failed to keep pace because we defined ourselves by what we were against instead of what we were for. Or, we can be a generation that chooses to see the shoreline beyond the rough waters ahead; that comes together to serve the common interests of human beings, and finally gives meaning to the promise embedded in the name given to this institution: the United Nations.

That is the future America wants - a future of peace and prosperity that we can only reach if we recognize that all nations have rights, but all nations have responsibilities as well. That is the bargain that makes this work. That must be the guiding principle of international cooperation.

Today, I put forward four pillars that are fundamental to the future that we want for our children: non-proliferation and disarmament; the promotion of peace and security; the preservation of our planet; and a global economy that advances opportunity for all people.

First, we must stop the spread of nuclear weapons, and seek the goal of a world without them.

Nuclear proliferation
This institution was founded at the dawn of the atomic age, in part because man's capacity to kill had to be contained. For decades, we averted disaster, even under the shadow of a super-power stand-off. But today, the threat of proliferation is growing in scope and complexity. If we fail to act, we will invite nuclear arms races in every region, and the prospect of wars and acts of terror on a scale that we can hardly imagine.

A fragile consensus stands in the way of this frightening outcome - the basic bargain that shapes the Nuclear Non Proliferation Treaty. It says that all nations have the right to peaceful nuclear energy; that nations with nuclear weapons have the responsibility to move toward disarmament; and those without them have the responsibility to forsake them. The next twelve months could be pivotal in determining whether this compact will be strengthened or will slowly dissolve.

America will keep our end of the bargain. We will pursue a new agreement with Russia to substantially reduce our strategic warheads and launchers. We will move forward with ratification of the Test Ban Treaty, and work with others to bring the Treaty into force so that nuclear testing is permanently prohibited. We will complete a Nuclear Posture Review that opens the door to deeper cuts, and reduces the role of nuclear weapons. And we will call upon countries to begin negotiations in January on a treaty to end the production of fissile material for weapons.

Protecting nuclear weapons
I will also host a Summit next April that reaffirms each nation's responsibility to secure nuclear material on its territory, and to help those who can't - because we must never allow a single nuclear device to fall into the hands of a violent extremist. And we will work to strengthen the institutions and initiatives that combat nuclear smuggling and theft.

All of this must support efforts to strengthen the NPT. Those nations that refuse to live up to their obligations must face consequences. This is not about singling out individual nations - it is about standing up for the rights of all nations that do live up to their responsibilities. Because a world in which IAEA inspections are avoided and the United Nation's demands are ignored will leave all people less safe, and all nations less secure.

In their actions to date, the governments of North Korea and Iran threaten to take us down this dangerous slope. We respect their rights as members of the community of nations. I am committed to diplomacy that opens a path to greater prosperity and a more secure peace for both nations if they live up to their obligations.


But if the governments of Iran and North Korea choose to ignore international standards; if they put the pursuit of nuclear weapons ahead of regional stability and the security and opportunity of their own people; if they are oblivious to the dangers of escalating nuclear arms races in both East Asia and the Middle East - then they must be held accountable. The world must stand together to demonstrate that international law is not an empty promise, and that Treaties will be enforced. We must insist that the future not belong to fear.

Pursuit of peace
That brings me to the second pillar for our future: the pursuit of peace.

The United Nations was born of the belief that the people of the world can live their lives, raise their families, and resolve their differences peacefully. And yet we know that in too many parts of the world, this ideal remains an abstraction. We can either accept that outcome as inevitable, and tolerate constant and crippling conflict. Or we can recognize that the yearning for peace is universal, and reassert our resolve to end conflicts around the world.

That effort must begin with an unshakeable determination that the murder of innocent men, women and children will never be tolerated. On this, there can be no dispute. The violent extremists who promote conflict by distorting faith have discredited and isolated themselves. They offer nothing but hatred and destruction. In confronting them, America will forge lasting partnerships to target terrorists, share intelligence, coordinate law enforcement, and protect our people. We will permit no safe-haven for al Qaeda to launch attacks from Afghanistan or any other nation. We will stand by our friends on the front lines, as we and many nations will do in pledging support for the Pakistani people tomorrow. And we will pursue positive engagement that builds bridges among faiths, and new partnerships for opportunity.

But our efforts to promote peace cannot be limited to defeating violent extremists. For the most powerful weapon in our arsenal is the hope of human beings - the belief that the future belongs to those who build, not destroy; the confidence that conflicts can end, and a new day begin.

That is why we will strengthen our support for effective peacekeeping, while energizing our efforts to prevent conflicts before they take hold. We will pursue a lasting peace in Sudan through support for the people of Darfur, and the implementation of the Comprehensive Peace Agreement, so that we secure the peace that the Sudanese people deserve. And in countries ravaged by violence - from Haiti to Congo to East Timor - we will work with the UN and other partners to support an enduring peace.



Progress in Mideast
I will also continue to seek a just and lasting peace between Israel, Palestine, and the Arab world. Yesterday, I had a constructive meeting with Prime Minister Netanyahu and President Abbas. We have made some progress. Palestinians have strengthened their efforts on security. Israelis have facilitated greater freedom of movement for the Palestinians. As a result of these efforts by both sides, the economy in the West Bank has begun to grow. But more progress is needed. We continue to call on Palestinians to end incitement against Israel, and we continue to emphasize that America does not accept the legitimacy of continued Israeli settlements.

The time has come to re-launch negotiations - without preconditions - that address the permanent-status issues: security for Israelis and Palestinians; borders, refugees and Jerusalem. The goal is clear: two states living side by side in peace and security - a Jewish State of Israel, with true security for all Israelis; and a viable, independent Palestinian state with contiguous territory that ends the occupation that began in 1967, and realizes the potential of the Palestinian people. As we pursue this goal, we will also pursue peace between Israel and Lebanon, Israel and Syria, and a broader peace between Israel and its many neighbors. In pursuit of that goal, we will develop regional initiatives with multilateral participation, alongside bilateral negotiations.

I am not naïve. I know this will be difficult. But all of us must decide whether we are serious about peace, or whether we only lend it lip-service. To break the old patterns - to break the cycle of insecurity and despair - all of us must say publicly what we would acknowledge in private. The United States does Israel no favors when we fail to couple an unwavering commitment to its security with an insistence that Israel respect the legitimate claims and rights of the Palestinians. And nations within this body do the Palestinians no favors when they choose vitriolic attacks over a constructive willingness to recognize Israel's legitimacy, and its right to exist in peace and security.

We must remember that the greatest price of this conflict is not paid by us. It is paid by the Israeli girl in Sderot who closes her eyes in fear that a rocket will take her life in the night. It is paid by the Palestinian boy in Gaza who has no clean water and no country to call his own. These are God's children. And after all of the politics and all of the posturing, this is about the right of every human being to live with dignity and security. That is a lesson embedded in the three great faiths that call one small slice of Earth the Holy Land. And that is why - even though there will be setbacks, and false starts, and tough days - I will not waiver in my pursuit of peace.

Preservation of the planet
Third, we must recognize that in the 21st century, there will be no peace unless we make take responsibility for the preservation of our planet.

The danger posed by climate change cannot be denied, and our responsibility to meet it must not be deferred. If we continue down our current course, every member of this Assembly will see irreversible changes within their borders. Our efforts to end conflicts will be eclipsed by wars over refugees and resources. Development will be devastated by drought and famine. Land that human beings have lived on for millennia will disappear. Future generations will look back and wonder why we refused to act - why we failed to pass on intact the environment that was our inheritance.

That is why the days when America dragged its feet on this issue are over. We will move forward with investments to transform our energy economy, while providing incentives to make clean energy the profitable kind of energy. We will press ahead with deep cuts in emissions to reach the goals that we set for 2020, and eventually 2050. We will continue to promote renewable energy and efficiency - and share new technologies - with countries around the world. And we will seize every opportunity for progress to address this threat in a cooperative effort with the whole world.


Those wealthy nations that did so much to damage the environment in the 20th century must accept our obligation to lead. But responsibility does not end there. While we must acknowledge the need for differentiated responses, any effort to curb carbon emissions must include the fast-growing carbon emitters who can do more to reduce their air pollution without inhibiting growth. And any effort that fails to help the poorest nations both adapt to the problems that climate change has already wrought - and travel a path of clean development - will not work.

It is hard to change something as fundamental as how we use energy. It's even harder to do so in the midst of a global recession. Certainly, it will be tempting to sit back and wait for others to move first. But we cannot make this journey unless we all move forward together. As we head into Copenhagen, let us resolve to focus on what each of us can do for the sake of our common future.

Global economy
This leads me to the final pillar that must fortify our future: a global economy that advances opportunity for all people.

The world is still recovering from the worst economic crisis since the Great Depression. In America, we see the engine of growth beginning to churn, yet many still struggle to find a job or pay their bills. Across the globe, we find promising signs, yet little certainty about what lies ahead. And far too many people in far too many places live through the daily crises that challenge our common humanity - the despair of an empty stomach; the thirst brought on by dwindling water; the injustice of a child dying from a treatable disease, or a mother losing her life as she gives birth.



In Pittsburgh, we will work with the world's largest economies to chart a course for growth that is balanced and sustained. That means vigilance to ensure that we do not let up until our people are back to work. That means taking steps to rekindle demand, so that a global recovery can be sustained. And that means setting new rules of the road and strengthening regulation for all financial centers, so that we put an end to the greed, excess and abuse that led us into disaster, and prevent a crisis like this from ever happening again.

At a time of such interdependence, we have a moral and pragmatic interest in broader questions of development. And so we will continue our historic effort to help people feed themselves. We have set aside $63 billion to carry forward the fight against HIV/AIDS; to end deaths from tuberculosis and malaria; to eradicate polio; and to strengthen public health systems. We are joining with other countries to contribute H1N1 vaccines to the World Health Organization. We will integrate more economies into a system of global trade. We will support the Millennium Development Goals, and approach next year's Summit with a global plan to make them a reality. And we will set our sights on the eradication of extreme poverty in our time.

Now is the time for all of us to do our part. Growth will not be sustained or shared unless all nations embrace their responsibility. Wealthy nations must open their markets to more goods and extend a hand to those with less, while reforming international institutions to give more nations a greater voice. Developing nations must root out the corruption that is an obstacle to progress - for opportunity cannot thrive where individuals are oppressed and business have to pay bribes. That's why we will support honest police and independent judges; civil society and a vibrant private sector. Our goal is simple: a global economy in which growth is sustained, and opportunity is available to all.

Real comes through people
The changes that I have spoken about today will not be easy to make. And they will not be realized simply by leaders like us coming together in forums like this. For as in any assembly of members, real change can only come through the people we represent. That is why we must do the hard work to lay the groundwork for progress in our own capitals. That is where we will build the consensus to end conflicts and to harness technology for peaceful purposes; to change the way we use energy, and to promote growth that can be sustained and shared.

I believe that the people of the world want this future for their children. And that is why we must champion those principles which ensure that governments reflect the will of the people. These principles cannot be afterthoughts - democracy and human rights are essential to achieving each of the goals that I have discussed today. Because governments of the people and by the people are more likely to act in the broader interests of their own people, rather than the narrow interest of those in power.

The test of our leadership will not be the degree to which we feed the fears and old hatreds of our people. True leadership will not be measured by the ability to muzzle dissent, or to intimidate and harass political opponents at home. The people of the world want change. They will not long tolerate those who are on the wrong side of history.

This Assembly's Charter commits each of us, and I quote - "to reaffirm faith in fundamental human rights, in the dignity and worth of the human person, in the equal rights of men and women." Among those rights is the freedom to speak your mind and worship as you please; the promise of equality of the races, and the opportunity for women and girls to pursue their own potential; the ability of citizens to have a say in how you are governed, and to have confidence in the administration of justice. For just as no nation should be forced to accept the tyranny of another nation, no individual should be forced to accept the tyranny of their own government.

Democracy can't be imposed
As an African-American, I will never forget that I would not be here today without the steady pursuit of a more perfect union in my country. That guides my belief that no matter how dark the day may seem, transformative change can be forged by those who choose the side of justice. And I pledge that America will always stand with those who stand up for their dignity and their rights - for the student who seeks to learn; the voter who demands to be heard; the innocent who longs to be free; and the oppressed who yearns to be equal.

Democracy cannot be imposed on any nation from the outside. Each society must search for its own path, and no path is perfect. Each country will pursue a path rooted in the culture of its people, and - in the past - America has too often been selective in its promotion of democracy. But that does not weaken our commitment, it only reinforces it. There are basic principles that are universal; there are certain truths which are self evident - and the United States of America will never waiver in our efforts to stand up for the right of people everywhere to determine their own destiny.

Sixty-five years ago, a weary Franklin Roosevelt spoke to the American people in his fourth and final inaugural address. After years of war, he sought to sum up the lessons that could be drawn from the terrible suffering and enormous sacrifice that had taken place. "We have learned," he said, "to be citizens of the world, members of the human community."


The United Nations was built by men and women like Roosevelt from every corner of the world - from Africa and Asia; form Europe to the Americas. These architects of international cooperation had an idealism that was anything but naïve - it was rooted in the hard-earned lessons of war, and the wisdom that nations could advance their interests by acting together instead of splitting apart.

U.N. needs to live up to ideals
Now it falls to us - for this institution will be what we make of it. The United Nations does extraordinary good around the world in feeding the hungry, caring for the sick, and mending places that have been broken. But it also struggles to enforce its will, and to live up to the ideals of its founding.

I believe that those imperfections are not a reason to walk away from this institution - they are a calling to redouble our efforts. The United Nations can either be a place where we bicker about outdated grievances, or forge common ground; a place where we focus on what drives us apart, or what brings us together; a place where we indulge tyranny, or a source of moral authority. In short, the United Nations can be an institution that is disconnected from what matters in the lives of our citizens, or it can be indispensable in advancing the interests of the people we serve.

We have reached a pivotal moment. The United States stands ready to begin a new chapter of international cooperation - one that recognizes the rights and responsibilities of all nations. With confidence in our cause, and with a commitment to our values, we call on all nations to join us in building the future that our people deserve. Thank you.

FBI Issues Warnings For Stadiums, Hotels & Transit

Investigation Into Possible Terror Plot Prompts FBI To Warn Mass-Transit Systems Around U.S.

Feds Believe Up To 12 Suspects Could Be Involved In Possible Madrid-Like Attack On NYC Subways

Counterterrorism officials have issued security bulletins to police around the nation about terrorists' desire to attack stadiums, entertainment complexes and hotels -- the latest in a flurry of such internal warnings as investigators chase a possible bomb plot in Denver and New York.

In the two bulletins -- sent to police departments Monday and obtained by The Associated Press -- officials said they know of no specific plots against such sites, but urged law enforcement and private companies to be vigilant. These two bulletins followed on the heels of a similar warning about the vulnerabilities of mass transit systems.

The bulletin on stadiums notes that an al-Qaida training manual specifically lists "blasting and destroying the places of amusement, immorality, and sin... and attacking vital economic centers" as desired targets of the global terror network.

Despite the three federal warnings, NYPD Commissioner Ray Kelly told reporters on Tuesday that local law enforcements were not aware of any specific threats to the city or its neighboring areas.

"There is no specific information that would give concern for those areas," Kelly said. "In a post 9-11 world, we're concerned about a lot of things. As I said, we do more in this city than any other city that I'm aware of."

Kelly was asked if the bulletins were a reason to be alarmed.

"We have not engaged in any different practices. We do a lot everday, we devote 1,000 police officers, actually over 1,000 officers everyday to protect this city from a terrorist threat," he said..

The FBI said they found notes on bomb-making instructions that appear to match the handwriting of Najibullah Zazi, a 24-year-old Afghanistan immigrant who investigators have said is a key figure behind the terror threats. Investigators discovered his fingerprints on materials -- batteries and a scale -- that could be used to make explosives. He also made a trip to Pakistan last year in which he received al-Qaida explosives and weapons training, the government said.

Zazi, a legal resident of the U.S. who immigrated in 1999, told the FBI that he must have unintentionally downloaded the notes on bomb-making as part of a religious book and that he deleted the book "after realizing that its contents discussed jihad."

A strange sequence of events began to unfold nearly two weeks ago when Zazi -- already under surveillance by federal agents -- rented a car in Colorado and made the 1,600-mile trek across the heartland to New York. He told reporters that he went to New York to resolve an issue with a coffee cart he owned.

He went to his friend's place in Queens. Once there, his car was towed and authorities confiscated his computer. He was told by an NYPD informant that detectives were asking about him, and decided to cut the trip short and fly back to Colorado, authorities said.

Their surveillance blown and their main suspect flying back to Colorado, officials speeded up the investigation and launched raids on several Queens apartments in a search for explosives, but found none.

Zazi and his 53-year-old father, Mohammed Wali Zazi, were arrested Saturday in Denver. Ahmad Wais Afzali, 37, was arrested in New York, where he is an imam at a mosque in Queens. The three are accused of making false statements to the government. If convicted, they face eight years in prison.

Homeland Security is asking the public to be on the lookout. A joint statement from DHS and FBI said while the agencies "have no information regarding the timing, location or target of any planned attack, we believe it is prudent to raise the security awareness of our local law enforcement partners regarding the targets and tactics of previous terrorist activity."

Officials noted the law enforcement bulletins are not intended for the public. Bulletins -- particularly about hotels as possible targets -- are common, and often don't make news. However, a half-dozen alerts issued in the last week have received increased attention amid the ongoing investigations in New York and Denver. The first of these, about hydrogen peroxide-based explosives, specifically referred to the investigation in New York.

Separately, law enforcement officials said a Colorado man may have been planning with others to detonate backpack bombs on New York City trains in a terrorism plot similar to past attacks on London's and Madrid's mass-transit systems.

The investigation and the earlier warning about mass transit system have already prompted officials around the nation to step up patrols.

Two law enforcement officials speaking on condition of anonymity because they were not authorized to discuss details of the investigation told The Associated Press late Monday that more than a half-dozen individuals were being scrutinized in the alleged plot.

In a statement, the FBI says that "several individuals in the United States, Pakistan and elsewhere" are being investigated.

Investigators said Zazi, who is a shuttle van driver at the Denver airport, played a direct role in the terror plot that unraveled after an overnight 1,600-mile trip from Denver to New York City around the anniversary of the Sept. 11 attacks. He made his first court appearance Monday and remains behind bars.

Zazi and two other defendants have not been charged with any terrorism counts, only the relatively minor offense of lying to the government. But the case could grow to include more serious charges as the investigation proceeds.

Backpacks and cell phones were seized last week from apartments in Queens, where Zazi visited.

Zazi has publicly denied being involved in a terror plot, and defense lawyer Arthur Folsom dismissed as "rumor" any notion that his client played a crucial role.

Publicly, law enforcement officials have repeatedly said they are unaware of a specific time or target for any attacks. Privately, officials speaking on condition of anonymity because they were not authorized to discuss the case said investigators have worried most about the possible use of backpack bombs on New York City trains, similar to attacks carried out in London in 2005 and Madrid in 2004.

Backpack bombs ripped apart four commuter trains and killed 191 people in Madrid on March 11, 2004. On July 7 the next year, bombing attacks in London killed 52 subway and bus commuters.

In a bulletin issued Friday, the FBI and Homeland Security Department warned that improvised explosive devices are the most common tactic to blow up railroads and other mass transit systems overseas. And they noted incidents in which bombs were made with peroxide.

In that bulletin, obtained by The AP, officials recommended that transit systems conduct random sweeps at terminals and stations and that law enforcement make random patrols and board some trains and buses.

Investigators feared Zazi may have been involved in a potential plot involving hydrogen peroxide-based explosives, according to two law enforcement officials, who spoke on condition of anonymity because they were not authorized to discuss the investigation.

ut for suspicious activities at storage facilities, as investigators search for stockpiled explosive chemicals that could be used in a possible terror attack.

Massive Put Buying - Wells Fargo

Not only do [Wells Fargo’s] outstanding commercial loans collectively exceed the property values to which they are attached, but derivative trades leftover from its acquisition of Wachovia are creating another set of problems for the already beleaguered San Francisco-based megabank.

Wachovia, which Wells purchased last fall as it teetered on the brink of collapse, was so desperate to increase revenue in the last few years of its existence that it underwrote loans with extremely shoddy standards and paid traders to take them off their books.

According to sources currently working out these loans at Wells Fargo and confirmed by Dan Alpert of Westwood Capital, when selling tranches of commercial mortgage-backed securities below the super senior tranche, Wachovia promised to pay the buyer’s risk premium by writing credit default swap contracts against these subordinate bonds. Should the junior tranches eventually default, then the bank is on the hook.

There is much more in the article. Suffice it to say, Wells (WFC) is in much deeper trouble than its executives are letting on.

By the way, Warren Buffett says he knows Wells Fargo’s book better than bank examiners and that the company is doing just fine. We shall see…

Revealed: The ghost fleet of the recession anchored just east of Singapore

The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination - and is why your Christmas stocking may be on the light side this year.




The tropical waters that lap the jungle shores of southern Malaysia could not be described as a paradisical shimmering turquoise. They are more of a dark, soupy green. They also carry a suspicious smell. Not that this is of any concern to the lone Indian face that has just peeped anxiously down at me from the rusting deck of a towering container ship; he is more disturbed by the fact that I may be a pirate, which, right now, on top of everything else, is the last thing he needs.
His appearance, in a peaked cap and uniform, seems rather odd; an officer without a crew. But there is something slightly odder about the vast distance between my jolly boat and his lofty position, which I can't immediately put my finger on.

Then I have it - his 750ft-long merchant vessel is standing absurdly high in the water. The low waves don't even bother the lowest mark on its Plimsoll line. It's the same with all the ships parked here, and there are a lot of them. Close to 500. An armada of freighters with no cargo, no crew, and without a destination between them.

My ramshackle wooden fishing boat has floated perilously close to this giant sheet of steel. But the face is clearly more scared of me than I am of him. He shoos me away and scurries back into the vastness of his ship. His footsteps leave an echo behind them.

Navigating a precarious course around the hull of this Panama-registered hulk, I reach its bow and notice something else extraordinary. It is tied side by side to a container ship of almost the same size. The mighty sister ship sits empty, high in the water again, with apparently only the sailor and a few lengths of rope for company.

Nearby, as we meander in searing midday heat and dripping humidity between the hulls of the silent armada, a young European officer peers at us from the bridge of an oil tanker owned by the world's biggest container shipping line, Maersk. We circle and ask to go on board, but are waved away by two Indian crewmen who appear to be the only other people on the ship.

'They are telling us to go away,' the boat driver explains. 'No one is supposed to be here. They are very frightened of pirates.'
Here, on a sleepy stretch of shoreline at the far end of Asia, is surely the biggest and most secretive gathering of ships in maritime history. Their numbers are equivalent to the entire British and American navies combined; their tonnage is far greater. Container ships, bulk carriers, oil tankers - all should be steaming fully laden between China, Britain, Europe and the US, stocking camera shops, PC Worlds and Argos depots ahead of the retail pandemonium of 2009. But their water has been stolen.

They are a powerful and tangible representation of the hurricanes that have been wrought by the global economic crisis; an iron curtain drawn along the coastline of the southern edge of Malaysia's rural Johor state, 50 miles east of Singapore harbour.



As daylight creeps across the waters, flags of convenience from destinations such as Panama and the Bahamas become visible. In reality, though, these vessels belong to some of the world's biggest Western shipping companies. And the sickness that has ravaged them began far away - in London, where the industry's heart beats, and where the plummeting profits and hugely reduced cargo prices are most keenly felt.
The Aframax-class oil tanker is the camel of the world's high seas. By definition, it is smaller than 132,000 tons deadweight and with a breadth above 106ft. It is used in the basins of the Black Sea, the North Sea, the Caribbean Sea, the China Sea and the Mediterranean - or anywhere where non-OPEC exporting countries have harbours and canals too small to accommodate very large crude carriers (VLCC) or ultra-large crude carriers (ULCCs). The term is based on the Average Freight Rate Assessment (AFRA) tanker rate system and is an industry standard.

A couple of years ago these ships would be steaming back and forth. Now 12 per cent are doing nothing
You may wish to know this because, if ever you had an irrational desire to charter one, now would be the time. This time last year, an Aframax tanker capable of carrying 80,000 tons of cargo would cost £31,000 a day ($50,000). Now it is about £3,400 ($5,500).

This is why the chilliest financial winds anywhere in the City of London are to be found blowing through its 400-plus shipping brokers.
Between them, they manage about half of the world's chartering business. The bonuses are long gone. The last to feel the tail of the economic whiplash, they - and their insurers and lawyers - await a wave of redundancies and business failures in the next six months. Commerce is contracting, fleets rust away - yet new ship-builds ordered years ago are still coming on stream.



Just 12 months ago these financiers and brokers were enjoying fat bonuses as they traded cargo space. But nobody wants the space any more, and those that still need to ship goods across the world are demanding vast reductions in price.
Do not tell these men and women about green shoots of recovery. As Briton Tim Huxley, one of Asia's leading ship brokers, says, if the world is really pulling itself out of recession, then all these idle ships should be back on the move.

'This is the time of year when everyone is doing all the Christmas stuff,' he points out.

'A couple of years ago those ships would have been steaming back and forth, going at full speed. But now you've got something like 12 per cent of the world's container ships doing nothing.'

Aframaxes are oil bearers. But the slump is industry-wide. The cost of sending a 40ft steel container of merchandise from China to the UK has fallen from £850 plus fuel charges last year to £180 this year. The cost of chartering an entire bulk freighter suitable for carrying raw materials has plunged even further, from close to £185,000 ($300,000) last summer to an incredible £6,100 ($10,000) earlier this year.

Business for bulk carriers has picked up slightly in recent months, largely because of China's rediscovered appetite for raw materials such as iron ore, says Huxley. But this is a small part of international trade, and the prospects for the container ships remain bleak.

Some experts believe the ratio of container ships sitting idle could rise to 25 per cent within two years in an extraordinary downturn that shipping giant Maersk has called a 'crisis of historic dimensions'. Last month the company reported its first half-year loss in its 105-year history.

Martin Stopford, managing director of Clarksons, London's biggest ship broker, says container shipping has been hit particularly hard: 'In 2006 and 2007 trade was growing at 11 per cent. In 2008 it slowed down by 4.7 per cent. This year we think it might go down by as much as eight per cent. If it costs £7,000 a day to put the ship to sea and if you only get £6,000 a day, than you have got a decision to make.

'Yet at the same time, the supply of container ships is growing. This year, supply could be up by around 12 per cent and demand is down by eight per cent. Twenty per cent spare is a lot of spare of anything - and it's come out of nowhere.'
These empty ships should be carrying Christmas over to the West. All retailers will have already ordered their stock for the festive season long ago. With more than 92 per cent of all goods coming into the UK by sea, much of it should be on its way here if it is going to make it to the shelves before Christmas.



But retailers are running on very low stock levels, not only because they expect consumer spending to be down, but also because they simply do not have the same levels of credit that they had in the past and so are unable to keep big stockpiles.
Stopford explains: 'Globalisation and shipping go hand in hand. Worldwide, we ship about 8.2 billion tons of cargo a year. That's more than one ton per person and probably two to three tons for richer people like us in the West. If the total goes down by five per cent or so, that's a lot of cargo that isn't moving.'
The knock-on effect of so many ships sitting idle rather than moving consumer goods between Asia and Europe could become apparent in Britain in the months ahead.

'We will find out at Christmas whether there are enough PlayStations in the shops or not. There will certainly be fewer goods coming in to Britain during the run-up to Christmas.'

Three thousand miles north-east of the ghost fleet of Johor, the shipbuilding capital of the world rocks to an unpunctuated chorus of hammer-guns blasting rivets the size of dustbin lids into shining steel panels that are then lowered onto the decks of massive new vessels.

As the shipping industry teeters on the brink of collapse, the activity at boatyards like Mokpo and Ulsan in South Korea all looks like a sick joke. But the workers in these bustling shipyards, who teem around giant tankers and mega-vessels the length of several football pitches and capable of carrying 10,000 or more containers each, have no choice; they are trapped in a cruel time warp.

There have hardly been any new orders. In 2011 the shipyards will simply run out of ships to build.
A decade ago, South Korean President Kim Dae-jung (who died last month) issued a decree to his industrial captains: he wished to make his nation the market leader in shipbuilding. He knew the market intimately. Before entering politics, he studied economics and worked for a Japanese-owned freight-shipping business. Within a few years he was heading his own business, starting out with a fleet of nine ships.
Thus, by 2004, Kim Dae-jung's presidential vision was made real. His country's low-cost yards were winning 40 per cent of world orders, with Japan second with 24 per cent and China way behind on 14 per cent.

But shipbuilding is a horrendously hard market to plan. There is a three-year lag between the placing of an order and the delivery of a ship. With contracts signed, down-payments made and work under way, stopping work on a new ship is the economic equivalent of trying to change direction in an ocean liner travelling at full speed towards an iceberg.

Thus the labours of today's Korean shipbuilders merely represent the completion of contracts ordered in the fat years of 2006 and 2007. Those ships will now sail out into a global economy that no longer wants them.

Maersk announced last week that it was renegotiating terms and prices with Asian shipyards for 39 ordered tankers and gas carriers. One of the company's executives, Kristian Morch, said the shipping industry was in uncharted waters.

As he told the global shipping newspaper Lloyd's List only last week: 'You have a contraction of oil demand, you have a falling world economy and you have a contraction of financing capabilities - and at the same time as a lot of new ships are being delivered.'

Demand peaked in 2005 when, with surplus tonnage worldwide standing at just 0.7 per cent, ship owners raced to order, fearing docks and berths at major shipyards would soon be fully booked. That spell of 'panic buying' has heightened today's alarming mismatch between supply and demand.

Keith Wallis, East Asia editor of Lloyd's List, says, 'There was an ordering frenzy on all types of vessel, particularly container ships, because of the booming trade between Asia and Europe and the United States. It was fuelled in particular by consumer demand in the UK, Europe and North America, as well as the demand for raw materials from China.'



Orders for most existing ships to be delivered within the next six to nine months would be honoured, he predicted, and the ships would go into service at the expense of older vessels in the fleet, which would be scrapped or end up anchored off places like southern Malaysia.

But, says Wallis, 'some ship owners won't be able to pay their final instalments when the vessels are completed. Normally, they pay ten per cent down when they order the ship and there are three or four stages of payment. But 50 to 60 per cent is paid on delivery.'

South Korean shipyard Hanjin Heavy Industries last week said it had been forced to put up for sale three container ships ordered at a cost of £60 million ($100 million) by the Iranian state shipping line after the Iranians said they could not pay the bill.

'The prospects for shipyards are bleak, particularly for the South Koreans, where they have a high proportion of foreign orders. Whole communities in places like Mokpo and Ulsan are involved in shipbuilding and there is a lot of sub-contracting to local companies,' Wallis says.

'So far the shipyards are continuing to work, but the problems will start to emerge next year and certainly in 2011, because that is when the current orders will have been delivered. There have hardly been any new orders in the past year. In 2011, the shipyards will simply run out of ships to build.'

Christopher Palsson, a senior consultant at London-based Lloyd's Register-Fairplay Research, believes the situation will worsen before it gets better.

'Some ships will be sold for demolition but the net balance will be even further pressure on the freight rates and the market itself. A lot of ship owners and operators are going to find themselves in a very difficult situation.'

The current downturn is the worst in living memory and more severe even than the slump of the early Eighties, Palsson believes.

'Back then the majority of the crash was for tankers carrying crude oil. Today we have almost every aspect of shipping affected - bulk carriers, tankers, container carriers... the lot.

'It is a much wider-spread situation that we have today. China was not a major player in the world economy at that time. Neither was India. We had the Soviet Union. We had shipbuilding in the United Kingdom and Europe.
'But then, back in those days the world was a very different place.'

Obama Collecting Web Users' Data

This is definately something I did not think the administration would stoop too. But, I guess I was wrong. The fact that Obama is doing this really irks me. I thought his Administration was suppsoed to be transparent, but I guess that was another Lie he sold us to get his ass into the White House.

The White House is collecting and storing comments and videos placed on its social-networking sites such as Facebook, Twitter and YouTube without notifying or asking the consent of the site users, a failure that appears to run counter to President Obama's promise of a transparent government and his pledge to protect privacy on the Internet, the Washington Times reported.

Marc Rotenberg, president of the Electronic Privacy Information Center, said the White House signaled that it would insist on open dealings with Internet users and, in fact, should feel obliged to disclose that it is collecting such information.

"The White House has not been adequately transparent, particularly on how it makes use of new social media techniques, such as this example," he said.

Defenders of the White House actions said the Presidential Records Act requires that the administration gather the information and that it was justified in taking the additional step of asking a private contractor to "crawl and archive" all such material. Nicholas Shapiro, a White House spokesman, declined to say when the practice began or how much the new contract would cost.

Susan Cooper, a spokeswoman for National Archives and Records Administration, said the presidential records law applies to "social media" and to public comments "received by the president or immediate staff."

Chavez in $2bn Russian Arms Deal

Russia has agreed to lend Venezuela over $2bn (£1.2bn) to buy weapons, President Hugo Chavez has said.

The credit will be used to purchase nearly 100 tanks and a series of anti-aircraft rocket systems from Russia.

In his weekly TV address, Mr Chavez said the weapons were intended to boost Venezuela's defensive capacity.

The deal comes as tensions grow between Venezuela and Colombia over Bogota's plan to allow the US access to several military bases there.



Colombia says the US forces will help in the war against drugs and left-wing guerrillas, and will not destabilise the region.

Russian tour

"The Russian government approved financing of $2.2bn for the cost of the weapons," Mr Chavez said on his weekly programme "Alo Presidente".

The money would be used to buy arms including 92 T-72 tanks and an S-300 rocket launch system, he said.

Mr Chavez suggested that Colombia's decision to grant the US access to seven military bases was a threat to Venezuelan security.

He said the anti-aircraft rockets systems would make it difficult to be attacked.

"With these rockets, it is going to be very difficult for them [the US] to come and bomb us. If that happens, they should know that we will soon have these systems installed, [and] for an enemy that appears on the horizon, there it goes," he said.



Mr Chavez said that the country's vast reserves of oil and gas demanded military protection.

"Venezuela has no plans to invade anybody, nor attack anybody," he said. "These arms are necessary for our national defence."

He also reiterated that his government was committed to developing nuclear power with Russia's help.

"With Russia we have created an atomic energy commission and I tell the world - Venezuela is going to start developing nuclear energy, but we are not going to make an atomic bomb," Mr Chavez said.

The loan announcement came days after Mr Chavez returned from a 10-day tour of Africa, Asia and Europe, during which he held two days of talks in Moscow.

Over recent years the country has signed over $4bn worth of weapons contracts with Russia, including the purchase of 24 Sukhoi fighter jets, numerous combat helicopters and 100,000 Kalashnikov assault rifles.

Last November, the two states held joint exercises in the Caribbean Sea, close to US territorial waters.

New Theory Nixes "Dark Energy": Says Time is Disappearing from the Universe

Remember a little thing called the space-time continuum? Well what if the time part of the equation was literally running out? New evidence is suggesting that time is slowly disappearing from our universe, and will one day vanish completely. This radical new theory may explain a cosmological mystery that has baffled scientists for years.




Scientists previously have measured the light from distant exploding stars to show that the universe is expanding at an accelerating rate. They assumed that these supernovae are spreading apart faster as the universe ages. Physicists also assumed that a kind of anti-gravitational force must be driving the galaxies apart, and started to call this unidentified force "dark energy".

However, to this day no one actually knows what dark energy is, or where it comes from. Professor Jose Senovilla, and his colleagues at the University of the Basque Country in Bilbao, Spain, have proposed a mind-bending alternative. They propose that there is no such thing as dark energy at all, and we’re looking at things backwards. Senovilla proposes that we have been fooled into thinking the expansion of the universe is accelerating, when in reality, time itself is slowing down. At an everyday level, the change would not be perceptible. However, it would be obvious from cosmic scale measurements tracking the course of the universe over billions of years. The change would be infinitesimally slow from a human perspective, but in terms of the vast perspective of cosmology, the study of ancient light from suns that shone billions of years ago, it could easily be measured

The team's proposal, which will be published in the journal Physical Review D, dismisses dark energy as fiction. Instead, Prof Senovilla says, the appearance of acceleration is caused by time itself gradually slowing down, like a clock with a run-down battery.

“We do not say that the expansion of the universe itself is an illusion," he explains. "What we say it may be an illusion is the acceleration of this expansion - that is, the possibility that the expansion is, and has been, increasing its rate."

If time gradually slows "but we naively kept using our equations to derive the changes of the expansion with respect of 'a standard flow of time', then the simple models that we have constructed in our paper show that an "effective accelerated rate of the expansion" takes place."

Currently, astronomers are able to discern the expansion speed of the universe using the so-called "red shift" technique. This technique relies on the understanding that stars moving away appear redder in color than ones moving towards us. Scientists look for supernovae of certain types that provide a sort of benchmark. However, the accuracy of these measurements depends on time remaining invariable throughout the universe. If time is slowing down, according to this new theory, our solitary time dimension is slowly turning into a new space dimension. Therefore the far-distant, ancient stars seen by cosmologists would from our perspective, look as though they were accelerating.

"Our calculations show that we would think that the expansion of the universe is accelerating," says Prof Senovilla. The theory bases it’s idea on one particular variant of superstring theory, in which our universe is confined to the surface of a membrane, or brane, floating in a higher-dimensional space, known as the "bulk". In billions of years, time would cease to be time altogether.

"Then everything will be frozen, like a snapshot of one instant, forever," Senovilla told New Scientist magazine. "Our planet will be long gone by then."

Though radical and in many way unprecedented, these ideas are not without support. Gary Gibbons, a cosmologist at Cambridge University, say the concept has merit. "We believe that time emerged during the Big Bang, and if time can emerge, it can also disappear - that's just the reverse effect."

Coast Guard sparks security scare in Washington

WASHINGTON (Reuters) - The U.S. Coast Guard set off a security scare on Friday with a routine training exercise in the heart of the U.S. capital on the anniversary of the September 11 attacks.

Police and federal law enforcement officials said the incident on the Potomac River near the Pentagon was a training exercise and no shots were fired despite early reports that several rounds had been shot at a suspicious boat.

Coast Guard Vice Admiral John Currier said the reports were based on overheard radio calls made on an open training frequency, including authorities verbally simulating gunfire. "Somebody said "bang, bang" on the radio," he said.

"This was a routine, low profile, normal training exercise," he told a news conference. "The radio intercept generated intense media coverage and interest, justifiably so, but I think what happened was we saw this spiral out" of control.

The scare came as President Barack Obama had just returned from a September 11 memorial at the Pentagon on the south side of the river in Virginia. During the 2001 attacks, a jetliner slammed into the side of the Pentagon killing 184 people.

Because the exercise was routine, Currier said there was no notice to federal, state or local authorities. He defended the Coast Guard's conduct and said they do such exercises about four times a week in the Washington area.

Departures from Washington National Airport were halted for about 20 minutes because of the incident, according to the Federal Aviation Administration. Arrivals were not affected at the airport which also borders the Potomac River.

White House spokesman Robert Gibbs offered support to the Coast Guard and chastised reporters for not verifying the information before airing the story.

"Best I can tell, there was reporting based on listening to a police scanner that was not verified. Then it was on television and now we've raced back to find out it was a training exercise," he said. "So it appears a lot of this could have been avoided.

The incident is the latest by the military to prompt a scare. Earlier this year, one of the jumbo jets used as Air Force One to carry the president buzzed the New York City skyline for a photo shoot, sparking fears among some New Yorkers who recalled airliners crashing into the World Trade Center twin towers in the September 11 attacks.

The military admitted it failed to properly coordinate with relevant authorities about the flyover, which led a White House military aide who authorized the flyover to resign.

The Coast Guard promised to review how and when the training exercise was conducted and their response to the reports.

Sandra Rus, a bus driver visiting Washington from Georgia, said she was not bothered that a training exercise occurred on the September 11 anniversary. "Someone might be upset but I'm not. I just feel more safe," she said.

In all, about 3,000 people were killed in the September 11 attacks in which Al Qaeda hijackers crashed two planes into the World Trade Center and a third into the Pentagon and a fourth crashed into a field in Pennsylvania.

(additional reporting by David Alexander, James Vicini, Deborah Charles and Christopher Doering, editing by Jackie Frank and Vicki Allen)

NASA : Hubble Telescope is Back!!

Hubble Telescope is Back: Fantastic New Images Released

NASA's Hubble Space Telescope is back in action after its most recent upgrade, with a spectacular array of new images showing off the telescope's new capabilities.

Among the first images – a closely guarded secret until today – is one of galaxy NGC 6217. The picture was taken with NASA's newly refurbished Advanced Camera for Surveys (ACS).

This is "the day many of us have all been waiting for to celebrate Hubble's new beginning," said Ed Weiler, associate administrator for NASA's Science Mission Directorate at NASA Headquarters in Washington, D.C.

Hubble also snapped pictures of a group of five galaxies, a densely packed star cluster, an eerie "pillar of creation," and a "butterfly" nebula.

Scientists also released spectroscopic observations that slice across billions of light-years to probe the cosmic-web structure of the universe and map the distribution of elements that are fundamental to life as we know it.

Sen. Barbara A. Mikulski, D-Md., who has provided key support for Hubble and NASA in Congress, unveiled the images at NASA Headquarters. She was given the honorary title "Godmother of Hubble." Mikulski's district includes the Space Telescope Science Institute in Baltimore, where Hubble images are processed.

"I fought for the Hubble repair mission because Hubble is the people's telescope," said Mikulski, chairwoman of the Commerce, Justice and Science Appropriations Subcommittee that funds NASA.

Hubble's new instruments, including the Wide Field Camera 3, a new super-sensitive spectrograph, were installed on the 19-year-old telescope by shuttle astronauts during a 13-day service mission in May. The mission, which was initially cancelled in 2004 due to safety concerns after the 2003 Columbia shuttle disaster, also revived two instruments — Hubble's main ACS and a versatile imaging spectrograph — that were never designed to be fixed in space.

The new instruments are more sensitive to light and, therefore, will improve Hubble's observing efficiency significantly. It is able to complete observations in a fraction of the time that was needed with prior generations of Hubble instruments.

The WFC3 was actually used to take a picture of Jupiter's new black spot — thought to have been caused by a comet collision — back in July, but the camera wasn't yet fully calibrated then. WFC3 also took new images of the Omega Centauri star cluster in our galaxy, in which the contrast between hot and cool stars can vividly be seen, and the Butterfly Nebula, for which astronomers used the new filters on the camera to see the envelope of gas expanding away from this planetary nebula.

"We couldn't be happier about the way things have gone," Bob O'Connell, chair of the science oversight committee for the Wide Field Camera 3 at the University of Virginia. "We're fully confident the camera is working as it was intended to work."

Images taken with the new Cosmic Origins Spectrograph were taken in one-tenth of the time of Hubble's older spectrograph, which will allow scientists to view 10 times as many targets or look at targets one-tenth as bright, said James Green, the COS principal investigator at the University of Colorado. Scientists hope to build a catalogue of hundreds or thousands of targets and map the distribution of matter throughout the universe.

Hubble will also be able to continue observations of Eta Carinae, one of the most massive stars in the galaxy (and actually a pair of stars), that were suspended by instrument failure in 2004, said David Leckrone, senior project scientist for Hubble at NASA's Goddard Space Flight Center in Greenbelt, Md. Eta Carinae has erupted before and is expected to do so again.

Despite a few bumps in the three-month checkout, Hubble's systems and instruments are all up and running now.

NASA's new administrator Charlie Bolden was also on hand to congratulate the scientists and astronauts on Hubble's new lease on life. Bolden was one of the astronauts on the shuttle mission that deployed Hubble in 1990.

"Hubble has a special place in my heart," Bolden said. Through Hubble's past and future observations, "our view of the universe and our place within it will never be the same," he added.

North Korea: Uranium Program Near Completion

SEOUL, Sept. 4 -- North Korea announced early Friday that it is in the "final stage" of enriching uranium, a process that, if completed, would give it a second means of making a nuclear bomb.

In rejection of U.N. efforts to sanction its nuclear weapons program, the North's official Korean Central News Agency declared, "We've successfully done the experiment for enrichment of uranium and it has entered the final stage."

North Korea has twice tested nuclear devices that use plutonium, which is manufactured by a chemical process in a nuclear reactor. The last test, in late May, triggered international outrage and tough new U.N. sanctions.

As part of those sanctions, a North Korean arms shipment was seized last month off the United Arab Emirates. North Korea said Friday that it "will neither accept nor be binded" by the sanctions.

Enriched uranium offers a different way to make bombs. It uses centrifuges to spin hot uranium gas into weapons-grade fuel. North Korea announced in June -- after nearly seven years of denial -- that it had a program for making nuclear weapons from enriched uranium.

Outside experts have said that it would probably take the North several years to develop the uranium route to a bomb because the country lacks centrifuge materials, technology and know-how.

Iran, however, has mastered much of this technology and could help North Korea move forward, according to Siegfried S. Hecker, a periodic visitor to North Korea's plutonium complex at Yongbyon who was director of the Los Alamos National Laboratory.

North Korea and Iran have shared long-range missile technology that could enable both countries to deliver a nuclear warhead.


In its announcement Friday, the North also said that spent fuel rods from Yongbyon are being reprocessed and turned into weapons-grade plutonium. The reactor was partially disabled last year as part of a denuclearization deal with the United States and four other countries that the North subsequently canceled.

The United States and South Korea reacted negatively, with Washington's special envoy on North Korea saying any activities in the area of nuclear development are "of concern to us."

"These are issues we are dealing with as they arise and we maintain the need for cooperation and dialogue and complete denuclearization" of the Korean peninsula, Stephen Bosworth told reporters in Beijing during an Asia trip to discuss how to bring North Korea back to disarmament talks.

In Seoul, the South Korean foreign ministry said the North's behavior is "not tolerable."

"The government will deal sternly and consistently with North Korea's threats and provocations," foreign ministry spokesman Moon Tae-young said in a statement.

The North is thought to have enough plutonium to make six to eight bombs. In an interview this year, Hecker, co-director of Stanford University's Center for International Security and Cooperation, said there is enough plutonium in the spent rods for "one or two more" nuclear tests.

The statement from Pyongyang on Friday was part of a letter that the North Korean permanent representative has sent to the United Nations. It responds to questions from the U.N. sanctions committee about the North Korean arms shipment seized near the United Arab Emirates. The committee also asked Iran about the shipment.

In the first seizure of a North Korean weapons shipment since the May nuclear test, the United Arab Emirates inspected and held the Bahamas-flagged ship in early August. Diplomats have told news agencies that it contained rocket-propelled grenades and other arms.

"We don't feel the need to respond to the questions from the so-called sanctions committee," the North's state news agency quoted the letter as saying.

North Korea said Friday that it would not have tested a second nuclear device if the United Nations had not condemned its long-range missile launch in April.

Pyongyang said that it remains committed to removing nuclear weapons from the Korean Peninsula but that it will not participate in six-party talks, which include the United States, China, Russia, Japan and South Korea.

Those talks, Pyongyang said, are "used for violating [and] abusing North Korea's sovereign right and peaceful right to development."


North Korea is seeking bilateral talks with the United States, which the Obama administration has often said it is open to, but only after a resumption of the six-party talks.

In recent weeks, North Korea has appeared to be trying to calm tensions in Northeast Asia. It released several foreign nationals it had been holding, including two U.S. journalists. It also allowed the resumption of family visits between North and South Korea, reopened a border crossing and sent a delegation to attend the funeral of former South Korean president Kim Dae-jung.

Text of Barack Obama's School Children Address

Prepared Remarks of President Barack Obama
Back to School Event

Arlington, Virginia
September 8, 2009


The President: Hello everyone – how’s everybody doing today? I’m here with students at Wakefield High School in Arlington, Virginia. And we’ve got students tuning in from all across America, kindergarten through twelfth grade. I’m glad you all could join us today.

I know that for many of you, today is the first day of school. And for those of you in kindergarten, or starting middle or high school, it’s your first day in a new school, so it’s understandable if you’re a little nervous. I imagine there are some seniors out there who are feeling pretty good right now, with just one more year to go. And no matter what grade you’re in, some of you are probably wishing it were still summer, and you could’ve stayed in bed just a little longer this morning.

I know that feeling. When I was young, my family lived in Indonesia for a few years, and my mother didn’t have the money to send me where all the American kids went to school. So she decided to teach me extra lessons herself, Monday through Friday – at 4:30 in the morning.

Now I wasn’t too happy about getting up that early. A lot of times, I’d fall asleep right there at the kitchen table. But whenever I’d complain, my mother would just give me one of those looks and say, "This is no picnic for me either, buster."

So I know some of you are still adjusting to being back at school. But I’m here today because I have something important to discuss with you. I’m here because I want to talk with you about your education and what’s expected of all of you in this new school year.

Now I’ve given a lot of speeches about education. And I’ve talked a lot about responsibility.
I’ve talked about your teachers’ responsibility for inspiring you, and pushing you to learn.

I’ve talked about your parents’ responsibility for making sure you stay on track, and get your homework done, and don’t spend every waking hour in front of the TV or with that Xbox.

I’ve talked a lot about your government’s responsibility for setting high standards, supporting teachers and principals, and turning around schools that aren’t working where students aren’t getting the opportunities they deserve.

But at the end of the day, we can have the most dedicated teachers, the most supportive parents, and the best schools in the world – and none of it will matter unless all of you fulfill your responsibilities. Unless you show up to those schools; pay attention to those teachers; listen to your parents, grandparents and other adults; and put in the hard work it takes to succeed.

And that’s what I want to focus on today: the responsibility each of you has for your education. I want to start with the responsibility you have to yourself.
Every single one of you has something you’re good at. Every single one of you has something to offer. And you have a responsibility to yourself to discover what that is. That’s the opportunity an education can provide.

Maybe you could be a good writer – maybe even good enough to write a book or articles in a newspaper – but you might not know it until you write a paper for your English class. Maybe you could be an innovator or an inventor – maybe even good enough to come up with the next iPhone or a new medicine or vaccine – but you might not know it until you do a project for your science class. Maybe you could be a mayor or a Senator or a Supreme Court Justice, but you might not know that until you join student government or the debate team.

And no matter what you want to do with your life – I guarantee that you’ll need an education to do it. You want to be a doctor, or a teacher, or a police officer? You want to be a nurse or an architect, a lawyer or a member of our military? You’re going to need a good education for every single one of those careers. You can’t drop out of school and just drop into a good job. You’ve got to work for it and train for it and learn for it.

And this isn’t just important for your own life and your own future. What you make of your education will decide nothing less than the future of this country. What you’re learning in school today will determine whether we as a nation can meet our greatest challenges in the future.
You’ll need the knowledge and problem-solving skills you learn in science and math to cure diseases like cancer and AIDS, and to develop new energy technologies and protect our environment. You’ll need the insights and critical thinking skills you gain in history and social studies to fight poverty and homelessness, crime and discrimination, and make our nation more fair and more free. You’ll need the creativity and ingenuity you develop in all your classes to build new companies that will create new jobs and boost our economy.

We need every single one of you to develop your talents, skills and intellect so you can help solve our most difficult problems. If you don’t do that – if you quit on school – you’re not just quitting on yourself, you’re quitting on your country.

Now I know it’s not always easy to do well in school. I know a lot of you have challenges in your lives right now that can make it hard to focus on your schoolwork.
I get it. I know what that’s like. My father left my family when I was two years old, and I was raised by a single mother who struggled at times to pay the bills and wasn’t always able to give us things the other kids had. There were times when I missed having a father in my life. There were times when I was lonely and felt like I didn’t fit in.
So I wasn’t always as focused as I should have been. I did some things I’m not proud of, and got in more trouble than I should have. And my life could have easily taken a turn for the worse.

But I was fortunate. I got a lot of second chances and had the opportunity to go to college, and law school, and follow my dreams. My wife, our First Lady Michelle Obama, has a similar story. Neither of her parents had gone to college, and they didn’t have much. But they worked hard, and she worked hard, so that she could go to the best schools in this country.

Some of you might not have those advantages. Maybe you don’t have adults in your life who give you the support that you need. Maybe someone in your family has lost their job, and there’s not enough money to go around. Maybe you live in a neighborhood where you don’t feel safe, or have friends who are pressuring you to do things you know aren’t right.

But at the end of the day, the circumstances of your life – what you look like, where you come from, how much money you have, what you’ve got going on at home – that’s no excuse for neglecting your homework or having a bad attitude. That’s no excuse for talking back to your teacher, or cutting class, or dropping out of school. That’s no excuse for not trying.

Where you are right now doesn’t have to determine where you’ll end up. No one’s written your destiny for you. Here in America, you write your own destiny. You make your own future.

That’s what young people like you are doing every day, all across America.

Young people like Jazmin Perez, from Roma, Texas. Jazmin didn’t speak English when she first started school. Hardly anyone in her hometown went to college, and neither of her parents had gone either. But she worked hard, earned good grades, got a scholarship to Brown University, and is now in graduate school, studying public health, on her way to being Dr. Jazmin Perez.

I’m thinking about Andoni Schultz, from Los Altos, California, who’s fought brain cancer since he was three. He’s endured all sorts of treatments and surgeries, one of which affected his memory, so it took him much longer – hundreds of extra hours – to do his schoolwork. But he never fell behind, and he’s headed to college this fall.
And then there’s Shantell Steve, from my hometown of Chicago, Illinois. Even when bouncing from foster home to foster home in the toughest neighborhoods, she managed to get a job at a local health center; start a program to keep young people out of gangs; and she’s on track to graduate high school with honors and go on to college.

Jazmin, Andoni and Shantell aren’t any different from any of you. They faced challenges in their lives just like you do. But they refused to give up. They chose to take responsibility for their education and set goals for themselves. And I expect all of you to do the same.

That’s why today, I’m calling on each of you to set your own goals for your education – and to do everything you can to meet them. Your goal can be something as simple as doing all your homework, paying attention in class, or spending time each day reading a book. Maybe you’ll decide to get involved in an extracurricular activity, or volunteer in your community. Maybe you’ll decide to stand up for kids who are being teased or bullied because of who they are or how they look, because you believe, like I do, that all kids deserve a safe environment to study and learn. Maybe you’ll decide to take better care of yourself so you can be more ready to learn. And along those lines, I hope you’ll all wash your hands a lot, and stay home from school when you don’t feel well, so we can keep people from getting the flu this fall and winter.

Whatever you resolve to do, I want you to commit to it. I want you to really work at it.

I know that sometimes, you get the sense from TV that you can be rich and successful without any hard work -- that your ticket to success is through rapping or basketball or being a reality TV star, when chances are, you’re not going to be any of those things.

But the truth is, being successful is hard. You won’t love every subject you study. You won’t click with every teacher. Not every homework assignment will seem completely relevant to your life right this minute. And you won’t necessarily succeed at everything the first time you try.
That’s OK. Some of the most successful people in the world are the ones who’ve had the most failures. JK Rowling’s first Harry Potter book was rejected twelve times before it was finally published. Michael Jordan was cut from his high school basketball team, and he lost hundreds of games and missed thousands of shots during his career. But he once said, "I have failed over and over and over again in my life. And that is why I succeed."

These people succeeded because they understand that you can’t let your failures define you – you have to let them teach you. You have to let them show you what to do differently next time. If you get in trouble, that doesn’t mean you’re a troublemaker, it means you need to try harder to behave. If you get a bad grade, that doesn’t mean you’re stupid, it just means you need to spend more time studying.
No one’s born being good at things, you become good at things through hard work. You’re not a varsity athlete the first time you play a new sport. You don’t hit every note the first time you sing a song. You’ve got to practice. It’s the same with your schoolwork. You might have to do a math problem a few times before you get it right, or read something a few times before you understand it, or do a few drafts of a paper before it’s good enough to hand in.
Don’t be afraid to ask questions. Don’t be afraid to ask for help when you need it. I do that every day. Asking for help isn’t a sign of weakness, it’s a sign of strength. It shows you have the courage to admit when you don’t know something, and to learn something new. So find an adult you trust – a parent, grandparent or teacher; a coach or counselor – and ask them to help you stay on track to meet your goals.

And even when you’re struggling, even when you’re discouraged, and you feel like other people have given up on you – don’t ever give up on yourself. Because when you give up on yourself, you give up on your country.
The story of America isn’t about people who quit when things got tough. It’s about people who kept going, who tried harder, who loved their country too much to do anything less than their best.

It’s the story of students who sat where you sit 250 years ago, and went on to wage a revolution and found this nation. Students who sat where you sit 75 years ago who overcame a Depression and won a world war; who fought for civil rights and put a man on the moon. Students who sat where you sit 20 years ago who founded Google, Twitter and Facebook and changed the way we communicate with each other.
So today, I want to ask you, what’s your contribution going to be? What problems are you going to solve? What discoveries will you make? What will a president who comes here in twenty or fifty or one hundred years say about what all of you did for this country?

Your families, your teachers, and I are doing everything we can to make sure you have the education you need to answer these questions. I’m working hard to fix up your classrooms and get you the books, equipment and computers you need to learn. But you’ve got to do your part too. So I expect you to get serious this year. I expect you to put your best effort into everything you do. I expect great things from each of you. So don’t let us down – don’t let your family or your country or yourself down. Make us all proud. I know you can do it.

Thank you, God bless you, and God bless America.