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Fewer than half Arab leaders attend Iraq summit

BAGHDAD (AP) ? Fewer than half the leaders of the Arab world showed up at an Arab summit in Baghdad on Thursday, a snub to the Iraqi government, but the leaders agreed on an appeal to Syria's regime to stop its bloody crackdown on opponents..

As the summit opened in a former palace of ousted Iraqi dictator Saddam Hussein, the powerful Sunni monarchs of Saudi Arabia, Qatar, other Gulf nations and Jordan and Morocco were absent.

The only ruler from the Gulf to attend was the emir of Kuwait, Sheik Sabah Al Ahmad Al Sabah, whose attendance was significant because Saddam Hussein invaded Kuwait in 1990 and occupied it for nearly seven months before a U.S.-led coalition drove his army out. Relations between the two neighbors have been fraught with tension since and even after Saddam's 2003 ouster. Sheik Al Sabah's attendance should cap recent improvement in relations.

The one-day summit ended with a call on Syria's embattled regime to "immediately implement" proposals put forward by joint U.N.-Arab League envoy Kofi Annan to end the deadly year-long conflict. The summit's final communique said that the Arab leaders fully support the "legitimate aspirations of the Syrian people to democracy and freedom and their right to determine their future."

The plan calls for Damascus to immediately stop troop movements and use of heavy weapons in populated areas and to commit to a daily two-hour halt in fighting to allow humanitarian access and medical evacuations. It includes a full cease-fire to be supervised by the U.N. so that all parties can discuss a political solution.

In his first comments on Annan's plan, Assad says Syria will "spare no effort" to ensure the mission's success, according to the state news agency. Assad said Annan must also get a commitment from armed groups to cease their "terrorist acts" against his government.

Speaking at the post-summit news conference, Arab league chief Nabil Elaraby suggested that the Annan plan was Assad's last chance for a diplomatic solution to the conflict, which the U.N. says has killed at least 9,000 people.

"Assad was given more than one chance. The issue is now with the United Nations and the Security Council," said Elaraby. "The ball is now in Syria's court. It will have to act positively."

One reason for the absences was the Gulf leaders' deep distrust of Iraq's Shiite-dominated government, which they believe is a proxy for Iran. In unusually direct remarks, Qatar's prime minister said the lower representation was to protest what he called the Baghdad government's marginalization of Iraq's Sunni Muslim minority.

Another reason was the bitterness surrounding the main issue hanging over the summit ? the conflict in Syria ? on which Iraq has taken an ambivalent stand.

Iraq's foreign minister, Hoshyar Zebari, remained upbeat. He told a news conference at the end of the summit: "We are very comfortable with the level of representation considering the present conditions (in Iraq). The most important thing is that all Arab states participated. It was a historic summit."

He , however, reacted angrily when asked about the representation of Saudi Arabia and Qatar by their ambassadors to the Arab League in its Cairo headquarters.

"We are not concerned, we are not bothered as long as they came."

Arab leaders in the Gulf want tough action to stop the Syrian regime's bloody crackdown on the opposition, with their eye on ultimately bringing down President Basher Assad. If Assad goes, they hope, they can break Sunni-majority Syria out of its alliance with Iran. However, Iraq, which also has close ties to Iran, has resisted any strong measures by the Arab League on Syria, with Zebari saying he was opposed to foreign intervention there.

The summit is the first held by the 22-member League since the Arab Spring revolts began sweeping through the region more than a year ago. The turmoil forced the cancellation of last year's summit. Since then, four perennials of the summit have been swept from the scene ? Egypt's Hosni Mubarak, Yemen's Ali Abdullah Saleh, Tunisia's Zine El Abidine Ben Ali and Libya's Moammar Gadhafi.

The new leaders of Tunisia and Libya were among the 10 heads of state who attended, but Egypt and Yemen sent lower-level figures, a reflection of the domestic turmoil still roiling those nations.

The summit will also be remembered for an extraordinary precedent. Iraqi President Jalal Talabani became the first non-Arab to chair an Arab League summit. Talabani, a Kurd who speaks fluent Arabic and is well versed in Arab culture, has been a father figure to Iraqis since the ouster of Saddam Hussein in 2003, often acting as a unifier between the nation's rival ethnic and religious factions.

Another Iraqi Kurd, Foreign Minister Zebari, chaired Wednesday's foreign ministers' meeting.

Iraq had hoped that hosting the summit ? its first Arab summit since 1990 ? would herald its return to the Arab fold after two decades of isolation. But the absences and the ability of militants to launch attacks despite a massive security operation ? a mortar hit an area not far from the summit's venue as the meeting started ? suggest that Iraq may still have some way to go before it could fully return to normalcy and reintegrate into the Arab world.

Qatar's Prime Minister Sheikh Hamad Bin Jassem Bin Jabr Al Thani, also the country's foreign minister, told Al-Jazeera late Wednesday that his own nation's low level of representation was a "message" to Iraq's majority Shiites to stop what he called the marginalization of minority Sunnis.

Majority Shiites have dominated Iraq since the 2003 ouster of Saddam Hussein, a Sunni. The nation's once powerful Sunnis complain that the Shiite-led government of Prime Minister Nouri al-Maliki is concentrating power in the hands of the Shiites. There is a growing desire by Sunni-majority provinces to win autonomy as a way to escape Shiite domination.

Tens of thousands of Iraqis died in the sectarian violence that began shortly after Saddam's ouster but peaked in 2006 and 2007. Tension continues to simmers to this day, with occasional attacks by Sunni militants against Shiites and crackdowns on Sunni areas by the Shiite-led security forces.

"Qatar wants the Iraqi government to resolve this in a way that unites the Iraqi people and gives everyone their rights through a dialogue involving all parties," said the Qatari prime minister.

Relations between Iraq and the Gulf Arab nations have also been tense over criticism by Shiite Iraqi politicians and clerics of Bahrain's crackdown on Shiite protesters the past year. The demonstrators seek more economic opportunity and an end to what they see as discrimination by the Sunni ruling family.

Al-Maliki on Wednesday met with Bahrain's foreign minister on the sidelines of the summit. Foreign Minister Zebari later told reporters that Bahrain would not be on the summit's agenda, a decision that appeared to be a concession by the hosts.

The flood of condemnations and denouncements of the Syrian regime in the opening session of the summit could only reinforce their view that it may be too late for diplomacy to bear fruit in Syria.

The Gulf nations, particularly Saudi Arabia and Qatar, have been pushing behind the scenes for more assertive action to end the conflict. Privately, they see little benefit in the Arab League's efforts to reach a peaceful settlement and prefer instead to see a small core of nations banding together to act on their own.

Among the options they are considering are arming the Syrian rebels and creating a safe haven for the opposition along the Turkish-Syrian border to serve as a humanitarian refuge or staging ground for anti-regime forces. Such a step would require help from Turkey ? the country best positioned to defend such a safe haven ? but so far Ankara has seemed reluctant.

___

AP reporters Qassim Abdul-Zahra, Sameer N. Yacoub and Mazin Yahya contributed to this report.

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Bulletins Live ? Introducing a Good Life with Coaching and Learning

By

Thursday, March 29, 2012

Psychology is a big topic. So big that people often have a hard time wrapping their heads around all the areas one could learn about for self-improvement and help.

Sometimes it might help to improve our lives if we had a little help. Sure, psychotherapy is always available. But so is something newer, called ?coaching,? which focuses on self-improvement and building on your strengths (rather than focusing on treating a mental health issue or disorder).

I?m pleased to introduce our newest blog, Good Life with Coaching and Learning which will help introduce you to these topics. This blog is written by Jennie S. Bev and hopes to help people better understand the psychology of learning and teaching, learning styles and personality inventories, in relation to self-coaching and coaching others for performance optimization.

Jennie S. Bev is an award-winning author, columnist, and social entrepreneur based in Northern California. She has published approximately 900 articles and 80+ electronic books on the topics of business, entrepreneurship, social issues, human rights, communications, peace and justice, and multiculturalism, among many more. You can learn more about her background here.

Please give Jennie a warm Psych Central welcome over on her blog!

Source: http://www.bulletinslive.com/?p=2290

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Leisure Cruising About the Norfolk Broads | Travel and Leisure ...

The Norfolk Broads inside medieval period was very crucial in transporting troops, supplies, treasure, and in many cases provided as diversion routes for English nobility. Today, the Broads are among the most favorite spot in England for individuals who just love river cruises and boating. A network of navigable rivers that stream throughout the counties of Norfolk and Suffolk, the views that particular could see from your river?s mindset are simply just breathtaking.

But this long network of rivers and lakes aren?t sculpted by nature but instead pits which were dug over the height in the Roman Empire. This section of the UK was once rich in peat, a staple for fuel. The rising water levels soon filled snake pit and from now on became a leisure interest for many people boating enthusiasts.

The city of Lowestoft in Suffolk County is a major place to go for those that decide to spend boating holidays within the Broads. Lowestoft hotels have special packages for guests for who would like to on boating trips on the Norfolk Broads. A large number of people also flock to Lowestoft and get great bargains on hotels on the big list of Lowestoft hotels especially during summer if your city hosts a few powerboat racing on mouth of the Norfolk Broads.

The Norfolk Broads stretches over 100 miles. A typical boating trip from Lowestoft to Great Yarmouth would create a whole day. In the process, you will get to discover great scenic views and are available across some monumental buildings for example the Burgh Castle. But there are other destinations also if you begin with Lowestoft like Loddon, How Hill, Martham, and Salhouse to name a few.

In case you are the adventurous kind and should experience Norfolk Broads in close proximity and private, you can attempt to be a solo canoe ride and paddle your way to Norfolk Broads? secluded marshes. You will discover that going solo have their own rewards since you can contemplate using a many things during your trip and the sceneries you will encounter will supply inspiration for ones solitary reflection.

But other than boating trips, the Broads are also a really good way for freshwater fishing. A large number of fishing enthusiasts and sport fishers check and book their accommodations and deals on hotels using a hotel cost comparing website when they decide to come down to Lowestoft, Great Yarmouth, Reedham, and Brundall during fishing season. The Norfolk Broads is home to several different types of freshwater fishes. Extremely rampant fishing activity inside the Norfolk Broads include pike fishing, bass fishing, and bream fishing. Fishing months are from June 16th to March 14th and that you need to fish is usually a current Environment Agency license, which you?ll get from post offices.

Source: http://leoporter.com/leisure-cruising-about-the-norfolk-broads/

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MapMyFITNESS, Inc. Launches MapMyRUN, MapMyRIDE for ...

AUSTIN, Texas?(BUSINESS WIRE)?MapMyFITNESS, the premier provider of Web- and mobile-based training and mapping applications for fitness enthusiasts, has announced the launch of two new applications for Windows Phone.

?Our community has been anxiously awaiting the availability of our Windows Phone apps; we hope to continue supporting and improving the health and wellness of our users by expanding our mobile offerings.?

With the new Windows Phone applications, users can record their daily routes via GPS and store their workouts in an online database via an innovative geo-mapping application. Users also have access to a searchable database of millions of routes across the globe, fitness calculators, event listings, and a dynamic social network of over seven million fitness enthusiasts.

?We?re thrilled to launch our newest smartphone apps,? said Robin Thurston, Co-Founder of MapMyFITNESS. ?Our community has been anxiously awaiting the availability of our Windows Phone apps; we hope to continue supporting and improving the health and wellness of our users by expanding our mobile offerings.?

MapMyRUN and MapMyRIDE for Windows Phone are now available for free download in the Windows Phone market. For more information, visit http://www.mapmyrun.com or http://www.mapmyride.com

About MapMyFITNESS, Inc.

Headquartered in Austin, TX, MapMyFITNESS, Inc. was founded in 2007 and operates a suite of websites and mobile applications, including MapMyRUN, MapMyRIDE, MapMyWALK, MapMyHIKE, MapMyFITNESS, MapMyTRI, MapMyMOUNTAIN and MapMyDOGWALK. The MapMyFITNESS network of websites and mobile applications offer more than seven million fitness enthusiasts the ability to record and store their daily running, cycling, walking or hiking routes in an online database or map out tomorrow?s path. Users get access to a searchable database of millions of routes across the globe, online training tools and fitness calculators, and comprehensive global event listings, along with the ability to easily share their activity with friends. The company?s mobile smartphone apps use built-in GPS technology to enable users to record and chart their daily fitness activities and routes. For more information, please visit http://www.mapmyfitnessinc.com

Continued here:
MapMyFITNESS, Inc. Launches MapMyRUN, MapMyRIDE for Windows Phone

Rev :5

Related posts:

1. MapMyFITNESS Launches New Social Fitness Apps for Facebook Timeline
2. Subaru and MapMyFITNESS Launch MapMyDOGWALK Mobile App for iPhone
3. AppStoreHQ Launches Coverage of Windows Phone Applications
4. MapMyFITNESS Announces New CEO
5. Trove Launches App on Windows Phone and Windows 7

Tags: business, education, events, feeds, history, industry, italy, jobs, multimedia, news, windows

Category: Social Media

Source: http://www.enterprisecommunicate.com/mapmyfitness-inc-launches-mapmyrun-mapmyride-for-windows-phone/

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Excerpts from Supreme Court health care arguments

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Source: http://news.yahoo.com/excerpts-supreme-court-health-care-arguments-213809151.html

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Watch: IndyCar Champion Dario Franchitti on Auto Racing & Being Married to Ashley Judd

In the iVillage Interview, Dario Franchitti opens up about the dangers of IndyCar racing and what it?s like being married to Hollywood celebrity Ashley Judd.

Source: http://www.ivillage.com/watch-indycar-champion-dario-franchitti-auto-racing-being-married-ashley-judd/1-h-439521?dst=iv%3AiVillage%3Awatch-indycar-champion-dario-franchitti-auto-racing-being-married-ashley-judd-439521

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Impact Investing: Finding Resources for CSR Start ... - Business Ethics

by Evan Steiner, Hub Ventures
via?CSRwire

Impact investing is an emerging asset class focused on the flow of capital towards companies that align market incentives with scalable impact. In other words, investing in for-profit companies that are making the world a better place.

It is a paradigm shift away from a bifurcated non-profit vs. for-profit perspective, into a blended approach that seeks to make money and do good.??The sector, generally referred to as ?social enterprise,? has garnered a lot of attention and interest recently, especially since it represents a way for many to align their careers with their personal values.

After working in impact investing for a short while, I discovered a little secret that people don?t bring up enough: there is actually very little investment being made, especially for seed and early-stage companies.

Reports from?JPMorgan forecasted impact investing to be a $400 billion to one trillion investment opportunity over the next decade. However, right now most of that money exists only for growth stage companies, and it is very difficult for start-up entrepreneurs to get the resources they need to launch their companies. The reasons are fairly consistent: aversion to risk, small investments exceed the operational bandwidth of existing impact investment funds, and few examples of social enterprises that have had exits and liquidity events.

However, if there is little investment available for early-stage companies, how will the sector grow and social enterprise jobs be created?

Aligning Impact Investing and Corporate Social Responsibility

To address the lack of capital and resources to early-stage social ventures,?Hub Ventures was launched in 2010 out of the?Hub Bay Area, a community of social entrepreneurs in San Francisco with over 1,000 members. Hub Ventures is a 12-week accelerator program providing resources and support to seed-stage social ventures.

In order to increase the flow of investment to Hub Ventures participants, we are taking an innovative approach that aligns social responsibility programs of large corporations with the entrepreneurs and companies going through our program.

Recently, Hub Ventures partnered with?Lakeland Ventures Development, whose corporate client is in the business of saving lives.??Lakeland has committed to put $380,000 into startups focused on ?human health and safety,? which includes a broad array of possibilities including clean water, digital health, and public safety.??Lakeland is focused on identifying investment and acquisition opportunities that align with the CSR and core business strategy of their client.

Of the eight to 10 slots for the spring cohort of Hub Ventures, four will be reserved for companies that fit these criteria. Each company will receive $20,000 when accepted and all are eligible for $75,000 at the end of the program.

Most corporate social responsibility focuses on launching green initiatives, giving money to charity, or reducing the footprint of the supply chain. Often these initiatives are just rhetoric, paying lip service to improve the corporate image, and they don?t offer any really substantive solutions to social or environmental challenges.

Lakeland is making investments into companies that are addressing big challenges and that also align with the values of their corporate clients.??It is a much more engaged and action-oriented approach to corporate social responsibility, one that simultaneously benefits the large corporations and the small start-ups.

The companies applying to Hub Ventures represent a diversity of sectors including technology for good, civic engagement, environmental sustainability, public health, poverty alleviation, and more.

My hope is that more corporate clients will see the value in supporting these entrepreneurs and their world changing ideas.

This article originally appeared on CSRwire and is republished with permission.

Related Posts:

Tagged as: Corporate Social Responsibility, CSR, Hub Ventures, Impact Investing, J.P. Morgan, Social Enterprise, Socially Responsible Investing, SRI

Source: http://business-ethics.com/2012/03/29/9325-impact-investing-finding-resources-for-csr-start-ups/

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Weight loss, exercise improve mobility in diabetes

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Source: http://news.yahoo.com/weight-loss-exercise-improve-mobility-diabetes-131835297.html

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'Wrath Of The Titans' Star Ralph Fiennes' Five Greatest Villain Roles

by Ryan Rigley "Evil is cumulative. It happens." Ralph Fiennes is, without a doubt, a man who knows his way around evil. Playing a number of villain roles throughout his ever expanding acting career, Fiennes has seemingly become the go to guy when it comes to dastardly doings and depravity. It's no wonder that the [...]

Source: http://moviesblog.mtv.com/2012/03/28/wrath-of-the-titans-star-ralph-fiennes-five-greatest-villain-roles/

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Obama says he's not 'hiding the ball' on Russia

SEOUL, South Korea (AP) ? President Barack Obama said Tuesday he is not trying to "hide the ball" in negotiations with Russia over U.S. plans for a missile defense shield in Europe, trying to put to rest a controversy over comments to Russia's leader that were picked up by an open microphone and quickly drew fire from Republican presidential contenders in America.

Republicans had pounced on Obama's remarks to Russian President Dmitry Medvedev on Monday that he would have more room to negotiate on the issue after the November presidential election, accusing the president of having a hidden agenda that could include concessions to the Russians if he is re-elected this fall.

Obama's conversation was picked up by a microphone without either leader apparently knowing.

"This is my last election," Obama was heard telling Medvedev, Russia's outgoing president. "After my election, I have more flexibility."

A day later, with election-year political machinery in full gear, Obama sought to clarify.

"I want to reduce our nuclear stockpiles. And one of the barriers to doing that is building trust and cooperation around missile defense issues," he said while he and Medvedev made a separate announcement about nuclear materials cleanup on the sidelines of a major security conference here.

"And so this is not a matter of hiding the ball," Obama said. "I'm on record."

Obama was prepared and eager to clarify his caught-on-tape words even at the risk of overshadowing his message for a second day about nuclear security efforts. In talking to reporters, however, he never answered a question about the presumptuousness of plotting out 2013 strategy with Russia when, in fact, he must win election again for any of that to matter.

For Russia, the issues of nuclear weapons reduction and the proposed missile shield are related. Russian fears of new U.S. missiles at its doorstep in Europe have helped to stymie further progress on nuclear arms reductions after a breakthrough agreement two years ago.

Obama said he wants to spend the rest of this year working through technical issues with the Russians, and said it was not surprising that a deal couldn't be completed quickly.

"I don't think it's any surprise that you can't start that a few months before presidential and congressional elections in the United States, and at a time when they just completed elections in Russia, and they're in the process of a presidential transition," Obama told reporters Tuesday.

He also made light of the controversy, jokingly asking whether the microphones were switched on before he spoke.

"The only way I get this stuff done is if I'm consulting with the Pentagon, if I'm consulting with Congress, if I've got bipartisan support, and the current environment is not conducive to those kinds of thoughtful consultations," Obama said.

"I think we'll do better in 2013."

Neither Obama nor Medvedev knew they were being heard when they conferred quietly at what was billed as their last meeting of Medvedev's presidency. He leaves office in May, to be replaced by the incoming Vladimir Putin.

According to ABC News, Medvedev replied in English: "I understand. I will transmit this information to Vladimir," an apparent reference to incoming President Vladmir Putin.

The White House said Obama's words reflected the reality that domestic political concerns in both the U.S. and Russia this year would make it difficult to fully address their long-standing differences over the contentious issue of missile defense. Obama, should he win re-election, would not have to face voters again.

Obama's candid remarks Monday illustrated the political constraints that hem in any president who is running for re-election and dealing with a congressional chamber ? in this case, the House ? controlled by the rival party.

Republicans have fought Obama fiercely on health care, taxes and other issues. They are eager to deny him any political victories in a season in which they feel the White House is within reach, although Obama's remarks suggested he feels good about his re-election prospects.

Mitt Romney, the leading Republican contender to face Obama this fall, told a San Diego audience the unguarded comments were "an alarming and troubling development."

"This is no time for our president to be pulling his punches with the American people, and not telling us what he's intending to do with regards to our missile defense system, with regards to our military might and with regards to our commitment to Israel," Romney said.

Romney, a former Massachusetts governor who often faces charges of having been flexible on his own policies over the years, also issued a statement saying Obama "needs to level with the American public about his real agenda."

Obama campaign spokesman Ben LaBolt said Romney "is undermining his credibility by distorting the president's words."

Republican presidential candidate Newt Gingrich also questioned Obama's motives.

"I'm curious, how many other countries has the president promised that he'd have a lot more flexibility the morning he doesn't have to answer to the American people?" Gingrich said on CNN.

Rep. Mike Turner of Ohio, Republican chairman of the House Armed Services Subcommittee on Strategic Forces, wrote to the president requesting an "urgent explanation of (his) comments." Turner said Congress "has made exquisitely clear to your administration and to other nations that it will block all attempts to weaken U.S. missile defenses."

The Republicans' sharp remarks underscore increased willingness of politicians to criticize a president on a foreign trip. The old adage "politics ends at the water's edge" is a casualty of the nation's heightened partisanship in recent decades.

Obama said the way the Republicans seized on his open-mic comments only made his point that the atmosphere is too politicized right now to advance arms control with Russia.

Congress, as part of the fiscal 2012 defense authorization act, constrained Obama's ability to share classified U.S. missile defense information with Russia. Obama signed that legislation into law.

Putin said earlier this month that Washington's refusal to offer Moscow written guarantees that its missile defense system would not be aimed against Russia deepened its concerns.

___

AP White House Correspondent Ben Feller in Seoul, South Korea, Associated Press writers Kasie Hunt in San Diego and Donna Cassata in Washington contributed to this report. Babington reported from Washington.

Source: http://news.yahoo.com/obama-says-hes-not-hiding-ball-russia-034105867.html

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The Importance Of Efficient Online dating Guidance For Avoiding ...

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Source: http://skafunderz.com/the-importance-of-efficient-online-dating-guidance-for-avoiding-errors

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Source: http://fancydev.com/2012/03/27/internet-business-process-outsourcingtips-services-increased-earnings-and-returns/524

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Abu Dhabi royals involved in RBS talks: sources

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Source: http://news.yahoo.com/abu-dhabi-royals-involved-rbs-talks-sources-111712877.html

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Syrian troops shell central city of Homs

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Source: http://news.yahoo.com/syrian-troops-shell-central-city-homs-083421991.html

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Day 2 argument: Can gov't require health coverage?

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Source: http://news.yahoo.com/day-2-argument-govt-require-health-coverage-071150569.html

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Officials: White House offers to curtail drones

WASHINGTON (AP) ? In a bid to save the CIA's drone campaign against al-Qaida in Pakistan, US officials offered key concessions to Pakistan's spy chief that included advance notice and limits on the types of targets. But the offers were flatly rejected, leaving US-Pakistani relations strained as President Barack Obama prepares to meet Tuesday with Pakistan's prime minister.

CIA Director David Petraeus, who met with Pakistan's then-spy chief, Lt. Gen. Ahmed Shuja Pasha at a meeting in London in January, offered to give Pakistan advance notice of future CIA drone strikes against targets on its territory in a bid to keep Pakistan from blocking the strikes ? arguably one of the most potent U.S. tools against al-Qaida.

The CIA chief also offered to apply new limits on the types of targets hit, said a senior U.S. intelligence official briefed on the meetings. No longer would large groups of armed men rate near-automatic action, as they had in the past ? one of the so-called "signature" strikes, where CIA targeters deemed certain groups and behavior as clearly indicative of militant activity.

Pasha said then what Pakistani officials and its parliament have repeated in recent days: that Pakistan will no longer brook independent U.S. action on its territory by CIA drones, two Pakistani officials said. All the officials spoke on condition of anonymity to discuss the sensitive negotiations.

Pasha went further, saying Pakistan's intelligence service would no longer carry out joint raids with U.S. counterterrorist teams inside its country, as it had in the past. Instead, Pakistan would demand that the U.S. hand over the intelligence, so its forces could pursue targets on their own in urban areas, or send the Pakistani army or jets to attack the targets in the tribal areas, explained a senior Pakistani official.

The breakdown in U.S.-Pakistani relations follows a series of incidents throughout 2011 that have marred trust ? from a CIA security officer who shot dead two alleged Pakistani assailants, to the U.S. Navy SEAL raid that killed Osama bin Laden in May, to the border incident where U.S. forces returned fire they believed came from a Pakistani border post, killing 24 Pakistani troops. The diplomatic fallout has led to the ejection of U.S. military trainers who'd worked closely with Pakistani counter-insurgent forces, slowed CIA drone strikes, and almost halted the once-common joint raids and investigations by Pakistan's intelligence service together with the CIA and FBI.

Pasha's pronouncements were in line with the Pakistani parliament's demands issued last week that included ceasing all U.S. drone strikes as part of what Pakistani politicians call a "total reset" in its relationship. Pakistan's parliament last week demanded cessation of all unilateral U.S. actions including the drone strikes.

Other US officials said no such concessions were offered to Pasha, and insisted US counterterrorism actions continued as before.

The hardening positions on both sides set up a potentially rocky meeting ahead between Obama and Pakistani Prime Minister Yusuf Raza Gilani in South Korea on Tuesday, on the sidelines of the Nuclear Security Summit. President Asif Ali Zardari met with special representative to Afghanistan and Pakistan Ambassador Mark Grossman in Tajikistan this week, and Central Command chief Gen. James Mattis is headed to Pakistan in April.

Complicating efforts to restore relations are the demands made by a Pakistani parliamentary committee.

A personality change at the top of the Pakistani Inter-Services Intelligence is another wrinkle, with Pasha now replaced by Army Lt. Gen. Zaheerul Islam officially last week, a senior U.S. official said. While Islam has spent time studying at U.S. military institutions, and once served as deputy to the ISI, he is a mostly unknown quantity to U.S. officials. The staff change was not anticipated when the January Pasha-Petraeus meeting took place, both U.S. and Pakistani officials said.

The diplomatic furor threatens to halt the CIA's drone program, which in the last eight years, has killed an estimated 2,223 Taliban, al-Qaida and other suspected militants with 289 strikes, peaking at 117 strikes throughout 2010, reducing al-Qaida's manpower, firepower and reach, according to Bill Roggio at the Long War Journal website, which tracks the strikes. U.S. officials say his figures are fairly accurate, though they would not give more precise figures.

The strikes have markedly slowed to only 10 strikes in the opening months of this year, with the last in mid-March, Roggio said. That puts the program on pace for a total of 40-50 strikes for the year, less than the year before.

Roggio says the strikes so far this year seem to back up that report: out of the 10 strikes, two killed high-value targets, and another strike killed three mid-level Taliban leaders, with no large groups reportedly targeted by any of the drone's missiles. In previous years, an average of only 5 percent to 10 percent of targets were deemed high value, with larger numbers of foot soldiers and a much lower percentage of commanders among those hit.

U.S. officials took issue with the interpretation that signature strikes had ceased, adding the "U.S. is conducting, and will continue to conduct, the counterterrorism operations it needs to protect the U.S. and its interests." The CIA offered no official comment.

Other U.S. officials said no such concessions were offered, and insisted US counterterrorism actions continued as before.

In his opening salvo to keep the program going, Petraeus offered to give his Pakistani counterpart advance notice of the strikes, as had been the practice under the Bush administration, which launched far fewer strikes overall against militant targets.

The U.S. had stopped giving the Pakistanis advance notice, after multiple incidents of targets escaping, multiple senior U.S. counterterrorist officials say. U.S. intelligence intercepts showed Pakistani officials alerted local tribal leaders of impending action on their territory, and those leaders oftentimes in turn alerted the militants.

Petraeus also outlined how the U.S. had raised the threshold needed to take strikes, requiring his approval more often than in the past, the U.S. official said.

Pakistan's military wants to go back to the "Reagan rules ? the way the CIA operated with the ISI against the Soviets" inside Afghanistan, says former CIA officer Bruce Riedel, of the Brookings Institute. "We give them a big check, and they make every decision about how that is spent. Minimal American footprint in country, or involvement in actual fighting the bad guys."

"We cannot trust the ISI to fight this war for us," after finding bin Laden in a Pakistani military town, "showing the ISI was either clueless or complicit," Riedel said.

--------------

On the web: http://www.longwarjournal.org/pakistan-strikes.php

Dozier can be followed on Twitter (at)kimberlydozier.

Source: http://news.yahoo.com/officials-white-house-offers-curtail-drones-224508375.html

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Tough Republican budget likely to go back on shelf

WASHINGTON (AP) ? The most powerful prescriptions of a tough House GOP budget plan, like a dramatic restructuring of Medicare and big cuts to domestic programs such as Medicaid, food stamps and transportation appear destined to go back on the shelf almost as soon as the measure is passed this week.

Instead, lawmakers will advance more pedestrian, politically safe goals: passing a routine round of annual spending bills as well as a special budget bill that would block automatic spending cuts to the Pentagon and domestic agencies from taking effect in January.

To protect the Pentagon and domestic priorities like education from $78 billion in cuts next year alone, House Republicans would substitute a larger, $261 billion set of spending cuts ? but ones that would take effect more slowly over the coming decade.

The result? A higher deficit in the coming budget year than if Congress simply put the government on autopilot and went home.

Such is the reality under the arcane way Congress writes the federal budget. First comes a measure called a budget resolution, and that's the measure being voted on by the House this week. It's a nonbinding, hypothetical, invariably vague measure that sets out a broad vision on taxes, spending and deficits but often contains unrealistic assumptions about the kinds of spending cuts lawmakers can really stomach ? whether Democrats or Republicans are writing it.

The House GOP budget that's headed for the floor this week is indeed loaded with bold, tough ? critics say draconian ? steps that if enacted into law would swiftly wrestle the budget deficit under control.

The follow-up legislation, however, is less ambitious. It's a round of annual agency budget bills and a special measure known as a budget reconciliation bill. A reconciliation measure is constructed by telling congressional committees to scrub the programs under their jurisdiction to find savings, which are then bundled together and passed on the floor.

This year, House GOP leaders are orchestrating such a measure, in hopes of both forestalling the automatic cuts and in placating tea party lawmakers unhappy that the party, while talking a good game on the deficit, isn't getting much in concrete results.

"Let's say, 'Hey, we're Republicans. We don't just talk about it,'" said Rep. Tim Huelskamp, R-Kan. "Actually pass something through the floor."

What is likely to make it into actual implementing bill later this spring, however, pales when compared with the sharp cuts called for in this week's nonbinding version.

The plan by Budget Committee Chairman Paul Ryan, R-Wis., getting a vote this week calls for cutting President Barack Obama's latest budget proposal by $5.3 trillion over the coming decade, with $187 billion of those cuts coming next year. Many of those cuts, however, can't pass when it actually comes to implementing them ? especially in an election year.

Instead, the follow-up House budget measure ? the Senate has no plans for a companion bill ? would reduce deficits by just $261 billion over the coming decade, and by only $18 billion next year. Instead of sharp cuts to Medicaid, transportation and welfare, for example, the cuts will probably occur in federal employee pensions, farm subsidies, food stamps and other health care programs.

Even those cuts are likely to test Republicans, many of whom were not in Congress the last time it passed a deficit-cutting budget reconciliation bill in 2005. That measure was approved by a GOP-controlled Congress and signed into law by President George W. Bush, but getting it passed was enormously difficult for Republicans. It cut $100 billion over a decade.

The 2005 debate, for example, featured numerous power plays by lawmakers protecting parochial interests, including a dramatic, last-minute push by Ohio Republicans to reverse Medicaid cuts that would have hit Buckeye State manufacturers of oxygen equipment.

Meanwhile, there's no sign that another key element in the GOP budget will advance this year. It's a tax plan promising sharply lower rates in exchange for eliminating many popular tax breaks. The GOP tax reform plan would lower the top rate from 35 percent to 25 percent, but at the risk of eliminating deductions on mortgage interest, charitable contributions and state and local taxes. It's simply too controversial and difficult to do in a hyper-polarized election year.

Separately, House Republicans also promise to cut about 5 percent from domestic agencies whose operating budgets will be written by the appropriations committees later this year. But the move breaks faith with last summer's hard-fought budget pact and is likely to be reversed in any final deal next fall or winter.

The upcoming real-world budgeting follows moves last month to extend payroll tax cuts and jobless benefits and prevent a cut in Medicare payments to doctors ? adding $101 billion to the budget deficit for this year and $40 billion for the upcoming 2013 fiscal year.

That bill was partially paid for by about $50 billion in new revenues and spending cuts that accrue slowly over the coming decade.

Source: http://news.yahoo.com/tough-republican-budget-likely-back-shelf-072325137.html

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Value Investing and Value Stocks Explained | Safe Investment Plan

The value investor adheres to the principle of buying only undervalued stocks ? undervalued in the sense that the stock?s current price fails to reflect (as far as the investor is concerned) its ?fair? market price or its true ?intrinsic worth?. Famous advocates of the value investing philosophy include the legendary and very much alive investor?Warren Buffet, and the lateBenjamin Graham?- one of the first proponents of value investing, a subject he taught as a professor at the?Columbia Business School?in 1928.

The overriding reason why value investors seek out undervalued stocks is because value stocks tend to offer a higher degree of capital preservation than growth stocks. Value investors are not so much concerned with how much they might make out of an investment, but how much of their capital they could lose ? i.e. having bought a stock, what are the chances of the price falling never mind rising?

What?s a stock worth?

Depending on?when?and?where?you look ? and even if the business appears to be totally sound and is making money ? it?s not particularly difficult to find stocks where, for one reason or another, the stock price fails to reflect the intrinsic worth of the business. But how can a value investor establish a company?s true intrinsic worth? In other words, how does the value investor pinpoint an undervalued company?

It?s all in the numbers

Essentially, value investors use cold, hard, quantifiable historical data to determine whether a stock is undervalued or not. The experienced value investor will analyze a range of the businesses? financial fundamentals such as the price-earnings ratio (P/E), earnings yield, discounted cash flow analysis (DCF) and price-to-book ratios ? to name but four of the nine+ key fundamental ratios. The numbers that emerge from that quantitative analysis provide a reasonably accurate indication of the company?s real worth and whether its shares are fairly valued or not. If a stock?s fair value is higher than its current market price, then that stock might be a value stock ? assuming of course that there are no obvious reasons why the price is lower than it ought to be.

Why stocks are undervalued

Assuming the stock doesn?t warrant the cold shoulder from investors, stocks can be undervalued because they?re not particularly popular with the investors at that moment of time, or simply because the stock is off the market?s radar. Even if the fundamentals add up, a stock can deserve to be undervalued because of disappointing results, a poor credit rating, management changes, a scandal of some kind, the business is unfashionable, or there are problems relating to the company?s products or services. Where those circumstances exist, and the stock price is lower than the fundamentals suggest it ought to be, that stock is sometimes deemed to be a ?Value Trap?.

Comparing apples with apples

It is also possible for two investors to analyze the same fundamentals and each come to a different conclusion regarding the intrinsic value. If however each investor calculated the values applying?Benjamin Graham?s?principles ? where the focus is totally on documented historical numbers ? both individuals would reach the same number.

About the Margin of Safety

By purchasing a stock which is priced at less than its real worth, the chances of the price falling much further are relatively low and as such the investor?s capital is less exposed to risk. For that reason, value stocks are considered to offer a ?Margin of Safety? ? the higher the MoS, the better protected the investors capital is judged to be. As mentioned previously, it can be extremely difficult to calculate accurately a stock?s intrinsic worth, so a reasonable Margin of Safety (MoS) can shield the investor from the adverse effects of incorrect calculations, a market downturn, or both. For large cap, blue chip and highly liquid stocks, and having established the stock?s intrinsic value, the value investor would hope to purchase that stock at a 90% discount to its intrinsic value ? i.e. a 10% MoS: more speculative, smaller or illiquid stocks should ideally be bought at a discount of 50%+ to their intrinsic value, thus providing a 50% MoS.

The attractions of value investing

? The MoS can provide an element of capital preservation
? Value investing is a single minded and highly disciplined approach: Value investors make their investment decisions based on cold, hard facts, rather than hype, fashion, trends or human emotions
? The returns: In 1984, having examined the performance of investors who worked at?Graham-Newman Corporation?and were thus most influenced by?Benjamin Graham,?Warren Buffett?concluded that as a doctrine, value investing is, on average, successful in the long run

The disadvantages of value investing

? Value investors must be prepared to miss out on short term investment opportunities
? Value investing requires willpower. Value investors buy when other people are selling and sell when other people are buying, which can pose psychologically difficulties for some investors
? Value investing demands patience ? essentially it?s a ?buy and hold? strategy
? The ?value trap?: a stock may be undervalued not just because it?s out of favour with the market but because it deserves to be
? The importance or relevance of more qualitative analytical factors such as the abilities of a company?s management or the value of its brands or goodwill are not taken into account

Source: http://www.safeinvestmentplan.com/2012/03/26/value-investing-and-value-stocks-explained/

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