Sunday, January 27, 2013

OECD chief: Fight complacency on fixing economies

DAVOS, Switzerland (AP) ? One economic expert at Davos says there's no rest for the weary: governments must not back off from making unpopular reforms that will help their economies grow faster.

Angel Gurria, secretary-general of the Organization for Economic Cooperation and Development, says "we have to keep fighting, keep pedaling" to improve educational opportunities, labor laws and tax codes to promote long-term growth.

Central banks already have cut interest rates as much as they can and governments can't afford more stimulus spending as they try to reduce debts, Gurria told The Associated Press on Saturday at the World Economic Forum in Davos, Switzerland.

He said the key now was to focus on structural reforms that will make countries' economies and labor markets more competitive.

"This incipient, hesitant recovery needs to be consolidated," Gurria said. "We ran out of room on the monetary side, we've run out of room on the fiscal policy side, so what you need is to go structural. "

"You need to go for education, for innovation, for more competition, for tax structures that are conducive to investments and job creation, you need to go for flexibility in the labor markets, for flexibility in the product markets," he said. "These are the things that are going to keep you going long term."

The OECD is a group of 34 countries that seeks to promote global economic development. It is mostly made up of advanced economies such as the U.S., Britain, Germany and Japan, but also includes emerging economies like Chile, Mexico and Turkey.

Source: http://news.yahoo.com/oecd-chief-fight-complacency-fixing-economies-125808183--finance.html

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Dr. Lawrence Yun on Real Estate: Speed Up Foreclosures? | Seattle ...

Speed Up ForeclosuresAt the Washington Realtors? legislative hill day this year we had an opportunity to hear from the National Association of Realtors? chief economist, Dr. Lawrence Yun. ?Dr. Yun spoke about the improving real estate market in Washington state and his optimistic outlook for our state?s housing prices to continue rising at a rate faster than the nation as a whole.

At the same time, he was concerned with the persistence of high levels of ?shadow inventory? in Washington, even while those levels have been shrinking significantly across the nation as a whole. ?Dr. Yun surmised that the legal system in Washington was one that provided more obstructions to the foreclosure process, and that was creating a huge backlog of foreclosures that should have already been back on the market. ?The striking lack of inventory in our current market is holding back a large crop of eager buyers and stifling home sales in general.

The essence of Dr. Yun?s point was that we should speed up foreclosures. ?On its face, that?s not an argument you?re likely to hear from real estate professionals. ?Our organizations are constantly working for property owners? protections and rights, and fighting fraudulent or predatory practices that force homeowners out of their homes.

This issue, however, is more complex than simply pitting banks against homeowners. ?When we really examine the broken foreclosure process in our state, and nationally, we have to make clear distinctions between the protections that distressed homeowners already have in place, and the unacceptable extensions of the actual foreclosure timelines taking place in the market.

There are an increasing number of homeowners who have realized that, even though their home is underwater and they have no intention of keeping it long-term, they can live in the home without making a payments for years on end. ?As long as the lender is inhibited from closing the actual foreclosure sale, the number of people living in homes for two and even three years, rent free, continues to build. ?The homes are a drag on the community, as these long-term foreclosures deflate nearby housing prices, instead of being resold and fixed up by the new homeowners. ?The homeowners can?t just abandon the property, because it is still legally in their name (see Zombie Titles).

The effort to shorten the timelines on these foreclosures would make no changes to the protections already built into the process for the truly distressed homeowner. ?There are already a number of steps for that person to repay their debt, work out an adjusted payment schedule, or find another means to save their home. ? These people usually have at least a year from the time they stop making payments until the foreclosure sale goes through, and those protections can and will continue to exist for them.

For those homeowners who have already been through the normal foreclosure process and are one, two, or even three years behind on payments, the process needs to be expedited. ?These folks have accepted that the home will be foreclosed upon, and the only question is when. ?It will be better for the neighborhood and, frankly, better for these former?homeowners?to move on with their lives and begin to rebuild their credit. ?This artificial backlog of foreclosure inventory has an eager market of buyers ready to move in, and our communities could benefit from a healthy gain in home sales as we continue to recover.

So, should we speed up foreclosures? ?If the current legal protections are preserved, but the unnecessary multi-year extensions can be avoided, then the answer is ?Yes.? ?Sometimes, facing up to reality and moving forward is the only way to begin correcting the difficult times we?ve been through.

? SeattleHome.com: ? Sam DeBord, Managing Broker, Realtor
Coldwell Banker Seattle: Coldwell Banker Danforth & Associates
Twitter | Facebook | LinkedIn | Google + | Sam (at) SeattleHome.com

Source: http://blog.seattlepi.com/seattlewaterfronthomes/2013/01/27/dr-lawrence-yun-on-real-estate-speed-up-foreclosures/

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Part II: Is decompilation of software legal under the Indian Copyright ...


From: SPICY IP - 3:22am - January 26, 2013

The previous post discussed the development of the US and European laws as applicable to reverse engineering.??This post compares the Indian provisions with the European and US counterpart legislation. ?One important aspect is the growing number of application developers in India for the Android, iOS, Blackberry, Windows platforms. ? ?Usually application developers do not start development of applications from scratch. ?A mish-mash of existing and new code is used. ?For example, all four of the platforms discussed above provide tutorials and common libraries for their platform. ?Developers then add to the existing libraries and build their unique applications. ?However, developers also like to see, if possible, existing??best selling applications and their code, and apply the teachings of the best selling applications to their applic...

Continue reading this article ?

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Source: http://ewallstreeter.com/part-ii-is-decompilation-of-software-legal-under-the-indian-copyright-act-6831/

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Saturday, January 26, 2013

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Florida court tosses two Casey Anthony lying convictions

ORLANDO, Florida (Reuters) - Casey Anthony, who was famously acquitted of murdering her 2-year-old daughter Caylee in 2011, saw a Florida appeals court overturn two of her four convictions on Friday for lying to detectives investigating the toddler's disappearance.

While Anthony was acquitted of murdering Caylee, whose body was ultimately found in woods near their home, she was found guilty of lying four times to detectives who responded to a 2008 call from Anthony's mother reporting the girl missing.

Anthony's lawyers appealed the convictions, saying her lies should have been construed as a single violation because her statements were made over the course of one extended interview with detectives who responded to the missing person report.

The Fifth District Court of Appeal in Daytona Beach split the difference on Friday, finding that Anthony gave two separate interviews to detectives, thus letting two convictions stand but throwing out the rest.

The court also found that Anthony was not in police custody during her interviews and rejected a defense argument that all convictions be thrown out because she was not read Miranda rights that allow her to choose not to speak to police.

Anthony's lawyer, Cheney Mason said in a statement that he was "very happy with this latest victory," adding no decision had been taken on whether to pursue further appeals.

Jeff Ashton, one of Anthony's prosecutors who is now the state attorney in Florida's Orange County, said he understood and respected the appellate court's ruling. "Once the trial court vacates the appropriate counts pursuant to the District Court's opinion, we expected the case of the State of Florida vs. Casey Marie Anthony will be closed," Ashton said in a statement.

In July 2008, Anthony told detectives that Caylee was kidnapped by a nanny, triggering a nationwide search for the girl that was followed intensely by cable television news and entertainment shows. At trial, her defense lawyers claimed Caylee drowned in the family's backyard pool.

Prosecutors presented evidence that Caylee might have been smothered by duct tape wrapped around her head before her body was left in the woods.

Anthony was convicted of lying four times when she told lead detective Yuri Melich that she left Caylee with a nanny named Zenaida Fernandez-Gonzalez, that she was employed at Universal Studios Orlando, that she told co-workers that Caylee was missing, and that she later received a phone call from Caylee.

A Central Florida woman named Zenaida Gonzalez subsequently sued Anthony for defamation. Her civil suit was delayed while Anthony refused to testify during the course of her criminal appeal.

(Editing by Tom Brown, Cynthia Johnston and Andrew Hay)

Source: http://news.yahoo.com/florida-court-tosses-convictions-against-mother-murdered-girl-191028348.html

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Two More Nevada Licenses - Online Gambling News

Steven Stradbrooke
January 25, 2013
No Comments

lottomatica-nevada-online-gambling-lifelineOn Thursday, the Nevada Gaming Commission unanimously approved an interactive gaming technology provider license for the US branch of Italian outfit Lottomatica Group. Lottomatica simultaneously announced it would rebrand itself as GTECH, the subsidiary it acquired in 2006 for $4.7b, in a bid to further integrate its operations with US division GTECH Holdings Corp. The rebranding will be complete by the end of the year.

Also on Thursday, the NGC approved an interactive gaming operator license for Sartini Synergy Online, the online offshoot of tavern/casino/slot-route operator Golden Gaming. The Las Vegas Review-Journal?s Chris Serioty, who attended Thursday?s hearing, quoted Golden Gaming CEO Blake Sartini saying his online poker ambitions weren?t quite ready for primetime, but that he?d wanted the license so he could be ?ready when it makes sense.?

ONLINE GAMING THE ONLY WAY TO SAVE ATLANTIC CITY
Wells Fargo Securities gaming analyst Dennis Farrell Jr. says online gaming could represent ?a lifeline? to Atlantic City?s struggling casinos. Farrell?s research suggests that if New Jersey Gov. Chris Christie were to sign the online gaming legislation currently sitting on his desk, the resulting online market ?could be almost half of the existing New Jersey gaming market?s revenue.? Farrell says that could mean $1.5b in annual revenue in five years time, which would add $150m in annual tax revenue to New Jersey?s coffers. (Overly optimistic? Hell, yeah.) Farrell believes that if AC?s casinos cross-promote the online product with their offline amenities, it would provide ?significant advantage? over strengthening regional competition in Pennsylvania and New York.

State Sen. Ray Lesniak issued a statement following the release of Farrell?s report, saying ?I couldn?t have said it better myself.? Lesniak said the report provided ?incontrovertible proof that internet wagering is the shot in the arm that Atlantic City?s casinos need.? Lesniak said he hoped Christie would read Farrell?s report and act accordingly ?to put our state?s casino industry on surer fiscal footing.? Earlier this week, Christie told a New Jersey radio audience he had doubts about the benefits online gaming could provide to Atlantic City. Christie has until Feb. 4 to make up his mind.

MASSACHUSETTS ONLINE GAMING BILL WOULD ALLOW INTERSTATE COMPACTS
The office of Massachusetts state Sen. Jennifer Flanagan was good enough to send CalvinAyre.com a copy of the legislation intended to authorize the state lottery to take its action online. As Flanagan previously stated, the bill is more a conversation starter than a definitive statement, totaling just three pages in length. The first section authorizes the lottery to determine what type of games it will offer online, while limiting it to transactions ?initiated and received or otherwise made within the Commonwealth.? Section 2 authorizes ?multi-jurisdictional lottery games ? provided that any such lottery or lotteries conducted online or over the internet has been properly authorized by each state or other jurisdiction that is part of the group.? While this includes Mega Millions and PowerBall multi-state lotteries, it?s broad enough to permit interstate compacts with other states that pass online gaming legislation that goes beyond mere ticket sales.

Both Flanagan and State Treasurer Steven Grossman took pains to stress that nothing would be enacted that would leave the state?s 7,400 lottery retailers out of the loop, suggesting a scheme by which online credits would need to be purchased via an approved retail agent. But they?re already getting pushback from the Retail Industry Leaders Association (RILA), which queried registered voters in the 43 states that offer lotteries and determined that 78% of respondents were opposed to the concept of internet lotteries in general and 80% were opposed to allowing people to purchase online lottery tickets with credit cards. RILA senior VP Brian Dodge issued a not-so-subtle threat to lawmakers who might advocate for online lotteries, saying voters ?overwhelmingly are less likely to support? such politicians.

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Source: http://calvinayre.com/2013/01/25/business/two-more-nevada-licenses-atlantic-city-online-lifeline/

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Friday, January 25, 2013

D.C. may nix government studies as school requirement

By Andrew Mach, Staff Writer, NBC News

Public high school students in the nation?s capital may soon be able to graduate without taking a single U.S. government course.

The D.C. State Board of Education proposed changes to the graduation requirements in December that would require students to take more physical education, art and music courses instead. ?

The proposal, put forward to combat declining graduation rates in the District, where fewer than two-thirds of high school students earn a diploma, would also require students?to write a thesis and?raise the total number of required credits in D.C. public schools from 24 to 26 -- more than students need to earn diplomas in many other states, according to the National Center for Graduation Statistics.?

Some of the new requirements -- specifically nixing the need for a government course -- have drawn the ire of advocates for civics education.

Patrick Mara, who represents Ward 1 on the school board, believes a majority of the nine-member board won't back the proposal.?

"This is one of those things that looks great on paper, and it's very well-intentioned, but it goes without saying that U.S. government should be a requirement in the District of Columbia," Mara said.?

Mara said he would "certainly vote against" the proposal if it came to a vote anytime soon.

Other key changes to students' current graduation requirements in the proposal include making students take an additional unit of physical education, which can include organized extracurricular sports. Students would also have to do an additional 67.5 hours of physical activity each semester for all four years of high school.

In a letter to the board, an eight-person group representing several public schools in D.C. said it objected to the proposal for several reasons, including the physical activity requirement, saying it would be susceptible to fraudulent submissions for credit.

"We agree that students should be engaged in physical activity at all points of education, but the benefits of making it a graduation requirement do not outweigh the costs," the letter said. "Administering a tracking program for that level of detail of activity, especially if independent of an organization like a sports team, would be extremely burdensome."

Board members have said these specific changes were suggested in an effort to address health problems among D.C. children, including high rates of obesity and diabetes.?

"I think this is an opportunity for the State Board of Education to think through what it is we're doing with these graduation requirements," Mara said. "Some of these things, while they may seem sound, are at the end of the day impacting the lives of young adults, and we need to we've brought in enough stakeholders into this discussion to have a positive impact."?

Source: http://usnews.nbcnews.com/_news/2013/01/24/16679009-dc-schools-may-nix-high-school-government-class-as-a-requirement?lite

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Children's complex thinking skills begin forming before they go to school

Thursday, January 24, 2013

New research at the University of Chicago and the University of North Carolina at Chapel Hill shows that children begin to show signs of higher-level thinking skills as young as age 4 ?. Researchers have previously attributed higher-order thinking development to knowledge acquisition and better schooling, but the new longitudinal study shows that other skills, not always connected with knowledge, play a role in the ability of children to reason analytically.

The findings, reported in January in the journal Psychological Science, show for the first time that children's executive function has a role in the development of complicated analytical thinking. Executive function includes such complex skills as planning, monitoring, task switching, and controlling attention. High, early executive function skills at school entry are related to higher than average reasoning skills in adolescence.

Growing research suggests that executive function may be trainable through pathways, including preschool curriculum, exercise and impulse control training. Parents and teachers may be able to help encourage development of executive function by having youngsters help plan activities, learn to stop, think, and then take action, or engage in pretend play, said lead author of the study, Lindsey Richland, assistant professor in comparative human development at the University of Chicago.

Although important to a child's education, "little is known about the cognitive mechanisms underlying children's development of the capacity to engage in complex forms of reasoning," Richland said.

The new research is reported in the paper "Early Executive Function Predicts Reasoning Development" and follows the development of complex reasoning in children from before the time they go to school until they are 15. Richland's co-author is Margaret Burchinal, senior scientist at the Frank Porter Graham Child Development Institute at the University of North Carolina at Chapel Hill.

The two studied the acquisition of analogical thinking, one form of complex reasoning. "The ability to see relationships and similarities between disparate phenomena is fundamental to analytical and inductive reasoning, and is closely related to measurements of general fluid intelligence," said Richland. Developing complex reasoning ability is particularly fundamental to the innovation and adaptive thinking skills necessary for a modern workforce, she pointed out.

Richland and Burchinal studied a database of 1,364 children who were part of the Early Child Care and Youth Development study from birth through age 15. The group was fairly evenly divided between boys and girls and included families from a diverse cross-section of ethnic and income backgrounds.

The current study examined tests children took when they were 4 ?, when they were in first grade, third grade, and when they were 15. Because the study was longitudinal, the same children were tested at each interval. Among the tests they took were ones to measure analytical reasoning, executive function, vocabulary knowledge, short-term memory and sustained attention.

Children were tested at 4 ? on their ability to monitor and control their automatic responses to stimuli. In first grade they worked on a test that judged their ability to move objects in a "Tower of Hanoi" game, in which they had to move disks between pegs in a specific order.

In third grade and at 15 year olds, they were tested on their ability to understand analogies, asked in third grade for instance to complete the question "dog is to puppy as cat is to__?" At 15 year olds, they were asked to complete written tests of analogies.

The study found a strong relationship between high scores among children who, as preschoolers, had strong vocabularies and were good at monitoring and controlling their responses to later ability on tests of understanding analogies.

"Overall, these results show that knowledge is necessary for using thinking skills, as shown by the importance of early vocabulary, but also inhibitory control and executive function skills are important contributors to children's analytical reasoning development," Richland said.

###

University of Chicago: http://www-news.uchicago.edu

Thanks to University of Chicago for this article.

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Source: http://www.labspaces.net/126439/Children_s_complex_thinking_skills_begin_forming_before_they_go_to_school_

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United Nations to investigate drone killings

LONDON (Reuters) - The United Nations launched an inquiry on Thursday into the use of unmanned drones in counter-terrorism operations, after criticism of the number of innocent civilians killed by the aircraft.

The inquiry, announced in London, will investigate 25 drone strikes in Pakistan, Yemen, Somalia, Afghanistan and the Palestinian territories.

Most attacks with unmanned aerial vehicles have been by the United States. Britain and Israel have also used them, and dozens more states are believed to possess the technology.

"The plain fact is that this technology is here to stay, and its use in theatres of conflict is a reality with which the world must contend," said inquiry leader Ben Emmerson, the U.N. special rapporteur on counter-terrorism and human rights.

"It is therefore imperative that appropriate legal and operational structures are urgently put in place to regulate its use in a manner that complies with the requirements of international law."

Criticism of drone strikes centers on the number of civilians killed and the fact that they are launched across sovereign states' borders so frequently - far more than conventional attacks by piloted aircraft.

Retired U.S. General Stanley McChrystal, who authored the U.S. counter-insurgency strategy in Afghanistan, warned earlier this month against overusing drones, which have provoked angry demonstrations in Pakistan.

Data collected by the Bureau of Investigative Journalism say 2,600-3,404 Pakistanis have been killed by drones, of which 473-889 were reported to be civilians.

The U.N.'s Human Rights Council asked Emmerson to start an investigation following requests by countries including Pakistan, Russia and China to look into drone attacks.

The inquiry will examine photographic and forensic material as well as witness statements. The resulting report and recommendations will be presented at the U.N. General Assembly in New York in October this year, Emmerson said.

He said that it he did not expect the inquiry to result in a "dossier of evidence" that would directly point to legal liability, but would help support the relevant states' own independent investigations.

Emmerson said Britain's Ministry of Defense had agreed to fully cooperate and he was optimistic he would receive good cooperation from the U.S. and Pakistani governments.

"We welcome this investigation in the hopes that global pressure will bring the U.S. back into line with international law requirements that strictly limit the use of lethal force," said Hina Shamsi, director of the American Civil Liberties Union's National Security Project.

"To date, there has been an abysmal lack of transparency and no accountability for the U.S. government's ever-expanding targeted killing program," she said.

(Editing by Tim Castle and Andrew Roche)

Source: http://news.yahoo.com/united-nations-investigate-drone-killings-172837995.html

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Thursday, January 24, 2013

Strong results from Google, IBM lift tech stocks

NEW YORK (AP) ? Strong earnings from tech giants are nudging the stock market higher early Wednesday, ahead of a planned vote in Congress to let the government keep paying all its bills for another three months.

Tech giants Google and IBM reported surprisingly solid earnings late Tuesday, a hopeful sign for investors. Analysts had projected technology companies would post weak results in the fourth quarter.

House Republicans are expected to vote in the afternoon on a measure to lift the federal government's debt ceiling, giving it enough room to pay its bills for another three months.

The Dow Jones industrial average rose 54 points to 13,766 as of noon EST. IBM led the Dow's 30 stocks, surging 6 percent.

The Standard & Poor's 500 index was flat at 1,492, while the tech-heavy Nasdaq composite rose nine points to 3,152.

The quarterly earnings season is off to strong start. Of the 83 companies in the S&P 500 that reported through Tuesday, 54 of them have beaten Wall Street's estimates, according to S&P Capital IQ.

The stock market has climbed so quickly this month that it will likely take more than good earnings to keep it heading higher. "This market is really stretched," said Clark Yingst, chief market analyst at the securities firm Joseph Gunnar. "We've essentially gone straight up since January 2. There's certainly room for people to take profits."

The S&P 500 index is already up 4.6 percent in 2013. That's roughly half of what most stock-fund investors hope to make in a single year.

Google jumped 6 percent in early trading. Its earnings climbed at the end of last year as online advertisers spent more money in pursuit of holiday shoppers. Google rose $45.08 to $747.99.

IBM's results beat expectations, thanks to its lucrative Internet-based "cloud" computing business and other software services. IBM also raised its earnings outlook for the current year. Its stock rose $10.18 to $206.24.

Another tech giant, Apple, is scheduled to report its results after the close of trading.

Advanced Micro Devices also reported results that were better than analysts had expected. The world's second-largest maker of microchips, behind Intel, posted a smaller loss and higher revenue than analysts had forecast. AMD jumped 9 percent, making it the top stock in the S&P 500. It rose 22 cents to $2.65.

Coach plunged 14 percent, or $8.64, to $52.04 after the luxury handbag maker said a challenging economy and heavy price-cutting by competitors weighed on its results. Rivals like Michael Kors are attracting loyal followers.

In the bond market, the yield on the benchmark 10-year Treasury note dipped to 1.82 percent, down from 1.84 percent late Tuesday.

Source: http://news.yahoo.com/strong-results-google-ibm-lift-tech-stocks-162853972--finance.html

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Hands On: Vine is Twitter?s Bet on an Easy Video Sharing App

Hands On: Vine is Twitter’s Bet on an Easy Video Sharing App
Twitter has just leapfrogged everyone in the mobile, social video space with Vine, an actually easy and usable video sharing app.

Source: http://feedproxy.google.com/~r/GearFactor/~3/IXB6O0ezSEU/

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Prenatal inflammation linked to autism risk

Jan. 24, 2013 ? Maternal inflammation during early pregnancy may be related to an increased risk of autism in children, according to new findings supported by the National Institute of Environmental Health Sciences (NIEHS), part of the National Institutes of Health. Researchers found this in children of mothers with elevated C-reactive protein (CRP), a well-established marker of systemic inflammation.

The risk of autism among children in the study was increased by 43 percent among mothers with CRP levels in the top 20th percentile, and by 80 percent for maternal CRP in the top 10th percentile. The findings appear in the journal Molecular Psychiatry and add to mounting evidence that an overactive immune response can alter the development of the central nervous system in the fetus.

"Elevated CRP is a signal that the body is undergoing a response to inflammation from, for example, a viral or bacterial infection," said lead scientist on the study, Alan Brown, M.D., professor of clinical psychiatry and epidemiology at Columbia University College of Physicians and Surgeons, New York State Psychiatric Institute, and Mailman School of Public Health. "The higher the level of CRP in the mother, the greater the risk of autism in the child."

Brown cautioned that the results should be viewed in perspective since the prevalence of inflammation during pregnancy is substantially higher than the prevalence of autism.

"The vast majority of mothers with increased CRP levels will not give birth to children with autism," Brown said. "We don't know enough yet to suggest routine testing of pregnant mothers for CRP for this reason alone; however, exercising precautionary measures to prevent infections during pregnancy may be of considerable value."

"The brain develops rapidly throughout pregnancy," said Linda Birnbaum, Ph.D., director of NIEHS, which funds a broad portfolio of autism and neurodevelopmental-related research. "This has important implications for understanding how the environment and our genes interact to cause autism and other neurodevelopmental disorders."

The study capitalized on a unique national birth cohort known as the Finnish Maternity Cohort (FMC), which contains an archive of samples collected from pregnant women in Finland, where a component of whole blood, referred to as serum, is systematically collected during the early part of pregnancy. The FMC consists of 1.6 million specimens from about 810,000 women, archived in a single, centralized biorepository. Finland also maintains diagnoses of virtually all childhood autism cases from national registries of both hospital admissions and outpatient treatment.

From this large national sample, the researchers analyzed CRP in archived maternal serum corresponding to 677 childhood autism cases and an equal number of matched controls. The findings were not explained by maternal age, paternal age, gender, previous births, socioeconomic status, preterm birth, or birth weight. The work was conducted in collaboration with investigators in Finland, including the University of Turku and the National Institute for Health and Welfare in Oulu and Helsinki.

"Studying autism can be challenging, because symptoms may not be apparent in children until certain brain functions, such as language, come on line," said Cindy Lawler, Ph.D., head of the NIEHS Cellular, Organ, and Systems Pathobiology Branch and program lead for the Institute's extramural portfolio of autism research. "This study is remarkable, because it uses biomarker data to give us a glimpse back to a critical time in early pregnancy."

This work is expected to stimulate further research on autism, which is complex and challenging to identify causes. Future studies may help define how infections, other inflammatory insults, and the body's immune response interact with genes to elevate the risk for autism and other neurodevelopmental disorders. Preventative approaches addressing environmental causes of autism may also benefit from additional research.

The study was funded primarily by an American Recovery and Reinvestment Act grant from NIEHS, with additional support from the National Institute of Mental Health.

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Journal Reference:

  1. A S Brown, A Sourander, S Hinkka-Yli-Salom?ki, I W McKeague, J Sundvall, H-M Surcel. Elevated maternal C-reactive protein and autism in a national birth cohort. Molecular Psychiatry, 2013; DOI: 10.1038/mp.2012.197

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/mind_brain/child_development/~3/U9T-UpEPd1w/130124140725.htm

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Small slide in US house sales pushes stocks lower

PARIS (AP) ? An unexpected slump in U.S. home sales data pushed world markets lower Tuesday as investors also digested an underwhelming Japanese stimulus program and a slew of poor earnings from American companies.

Even surprisingly good results from a German investor confidence survey couldn't cheer markets for long.

The day began with the Bank of Japan's announcement that it will set a 2 percent inflation target and implement open-ended bond purchases that will pump money into the financial system. Many found the bank's new program did not live up to expectations.

In Europe, the DAX in Germany slid 0.68 percent to close at 7,696 Tuesday, while France's CAC-40 fell 0.59 percent to 3,741. The FTSE index of leading British shares ended the day barely changed, down 0.03 percent at 6,179. The euro also barely moved; down 0.02 percent to $1.330.

"'Please, sir, I want more,' said Oliver Twist, fed up with a diet of thin gruel. Such is the market's response to news in Japan," said Kit Juckes, an analyst with Societe Generale.

He said investors were disappointed that the inflation target has no fixed time limit, that bond purchases are skewed to the shorter maturities and that they will not start soon.

The day was also heavy with American companies reporting their results, many of which were disappointing. But it was an unexpected slide of 1 percent in U.S. home sales in December ? the first drop since September ? that sealed the downward trend.

Wall Street was up slightly after being closed Monday for a holiday. The Dow Jones Industrial average was trading up 0.25 percent higher at 13,683, while the broader Standard & Poor's 500 index was up 0.14 percent to 1,487.9.

Jennifer Lee, an economist with BMO Capital Markets, predicted the disappointment would be short-lived.

"A disappointing U.S. housing report but nothing to get worked up over," she wrote in a note to clients. "The growing economy and improving job market will continue to support the housing sector."

Earlier in Asia, Japan's Nikkei 225 index finished the day down 0.4 percent at 10,709.93 after volatile trading on the back of the central bank's announcement. Australia's S&P/ASX 200 rose marginally to 4,779.10. Hong Kong's Hang Seng reversed morning losses to rise 0.3 percent to 23,658.99.

Mainland Chinese shares fell. The Shanghai Composite Index lost 0.6 percent to 2,315.14. The smaller Shenzhen Composite Index lost 1.4 percent to 928.90.

South Korea's Kospi rose 0.5 percent to 1,996.52 after Finance Minister Bahk Jae-wan said the country will help exporters struggling with the rise of the won, Yonhap News Agency said.

The remarks come amid worries that monetary stimulus moves by the U.S. and Japan could result in the further appreciation of the Korean currency.

Benchmark oil contract for February delivery was up 61 cents to $96.64 per barrel in electronic trading on the New York Mercantile Exchange.

___

Pamela Sampson in Bangkok and Fu Ting in Shanghai contributed to this report.

Source: http://news.yahoo.com/small-slide-us-house-sales-pushes-stocks-lower-161901091--finance.html

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Centrist newcomer surprise star of Israel election

JERUSALEM (Reuters) - The surprise star of Israel's election was a former television news anchor whose centrist party soared to second place in the ballot only months after he took up active politics.

As leader of the new party Yesh Atid (There's a Future), Yair Lapid, 49, has pressed on with a fight, once championed by his late cabinet minister father, against the influence a growing Orthodox community has on many aspects of life in the Jewish state.

He has pledged to abolish army service exemptions for Jewish seminary students and widen the tax base - lightening the load on the middle-class - by bringing more of the ultra-Orthodox, who make up 10 percent of the population, into the workforce.

The silver-haired candidate's platform, chiseled looks and pledges of change attracted younger voters and normally reliable exit polls after Tuesday's voting forecast he will have 18 or 19 seats in the 120-member parliament, the Knesset.

A martial arts enthusiast, Lapid's unexpected strong showing in the vote will give him political muscle in negotiations with Prime Minister Benjamin Netanyahu on joining a governing coalition. After the vote, he urged Netanyahu to build as broad a team as possible - signaling his readiness to talk.

The right-wing premier has said he hopes to bring a wide range of parties into his cabinet after exit polls forecast a narrow parliamentary majority for his Likud-Beitenu list of candidates and its traditional right-wing and religious allies.

How far he can reconcile those with Lapid is still unclear.

The high-profile broadcaster built his own party with an unusual mix of public figures including two moderate rabbis, an array of mayors and former municipal officials, a former head of Israel's Shin Bet security service and a fellow journalist.

Supporters broke out in dance at his Tel Aviv headquarters after the exit polls: "I'm excited," a beaming Lapid told reporters. "Few people expected we would go this far."

In a pre-election interview with Reuters, he did not rule out joining his religious opponents in a Netanyahu coalition, although he set conditions that may complicate the process.

"I will be more than satisfied if I will have a share" in rebuilding social policies, Lapid said, but stressed that the reason he had quit a lucrative career as a television news anchor a year ago was "as an attempt to become a game-changer".

RELIGIOUS-SECULAR DIVIDE

Echoing his father, Yosef "Tommy" Lapid, a Serbian-born Holocaust survivor, Lapid spoke of a widening rift between Israel's secular majority and the ultra-Orthodox minority. About 60 percent of ultra-Orthodox men engage in full-time religious studies, keeping them out of the labor market and burdening the economy.

Most Israeli men and women are called up for military service for up to three years when they turn 18. However, exceptions are made for most Arab citizens as well as ultra-Orthodox men and women.

Unless this policy changes, Lapid said, "I feel we're at risk that a whole generation of young Israelis - who went to the army, work hard, pay taxes - one day will look around and say hey, this country is going nowhere."

Lapid expressed support for Netanyahu's stance against Iran's nuclear program, seeing the prospect of the Islamic republic obtaining an atomic weapon as a "disastrous scenario".

"If we will come to the point of no return, which it will be obvious that if we will not go there, Iran will have a nuclear bomb, then Israel should do something, it should go there and bomb the facility of the nuclear program of Iran," Lapid said.

Iran denies any desire for atomic weapons and says Israel, assumed to have them itself, is the main regional threat.

Lapid also vowed to press any Netanyahu-led cabinet to renew peace talks with the Palestinians, though he sees little chance of reaching an agreement soon.

He called it "irresponsible" to have had such a long hiatus in the talks, which collapsed in 2010 over the issue of Jewish settlement expansion in the occupied West Bank.

"What we're doing is taking the most explosive conflict of our lives and just moving it to the next generation," said Lapid, who envisages Palestinian statehood in occupied land, and Israel removing some of the settlements it has built there.

Backing a two-state division of the land, Lapid insisted that his father "didn't come here from the ghetto to live in an Arab-Jewish country - he came here to live in a Jewish country".

He thought resuming diplomacy may take time, though.

Israelis "lost a lot of faith in the goodwill of Palestinians," Lapid said, citing rocket fire from the Gaza Strip even after a 2005 pullout and Hamas Islamists opposed to Israel's existence taking control of the territory.

(Editing by Jeffrey Heller and Alastair Macdonald)

Source: http://news.yahoo.com/centrist-newcomer-surprise-star-israel-election-002139383.html

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Factbox: Deadly sieges in past 30 years

(Reuters) - Here is a look at some of the deadliest sieges in the last 30 years, after an Algerian hostage crisis ended on Saturday with heavy loss of life.

American, Canadian, British, French, Japanese, Norwegian, Filipino and Romanian workers are dead or missing after Islamist militants seized a desert gas plant near the Libyan border, about 1,300 km (800 miles) southeast of Algiers. Algerian forces stormed the plant on Saturday and veteran Islamist fighter Mokhtar Belmokhtar claimed responsibility for the attack on behalf of al Qaeda.

INDIA - June 1984 - The Indian Army stormed Sikhism's holiest shrine, the Golden Temple in the city of Amritsar. The action was aimed at driving out armed militants who had occupied the shrine as part of their fight for an independent state. Several hundred people were killed, although casualty estimates vary. Indian Prime Minister Indira Gandhi, who ordered the operation, was assassinated by two Sikh bodyguards later that year.

RUSSIA - September 2004 - Pro-Chechen gunmen seized School No.1 in Beslan, Chechnya and took 1,300 hostages on the first day of the school year. 331 people were killed, including 186 children, in a chaotic storming of the school by Russian forces. The rebels were demanding independence and an end to war in Chechnya.

RUSSIA - October 2002 - At least 129 hostages and 41 Chechen guerrillas were killed when Russian troops stormed a Moscow theatre where rebels had taken more than 700 people captive. Most of the hostages were killed by gas used to knock out the Chechens.

RUSSIA - June 1995 - Chechen rebels seized hundreds of hostages in a hospital in the Russian town of Budennovsk. More than 100 people died during the rebel assault and a Russian commando raid. The rebels were allowed to leave for Chechnya after five days in exchange for freeing the remaining captives.

PAKISTAN - July 2007 - At least 105 people are killed when army commandos stormed the Red Mosque and an adjoining seminary for women in Islamabad, after followers of radical clerics running a Taliban-style movement from the complex refused to surrender after a week-long siege.

(Reporting by David Cutler, London Editorial Reference Unit; editing by David Stamp)

Source: http://news.yahoo.com/factbox-deadly-sieges-past-30-years-125916322--finance.html

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Researchers show how cells' DNA repair machinery can destroy viruses

Tuesday, January 22, 2013

A team of researchers based at Johns Hopkins has decoded a system that makes certain types of immune cells impervious to HIV infection. The system's two vital components are high levels of a molecule that becomes embedded in viral DNA like a code written in invisible ink, and an enzyme that, when it reads the code, switches from repairing the DNA to chopping it up into unusable pieces. The researchers, who report the find in the Jan. 21 early edition of the Proceedings of the National Academy of Sciences, say the discovery points toward a new approach to eradicating HIV from the body.

"For decades, we've seen conflicting reports on whether each of these components helped protect cells from viruses," says James Stivers, Ph.D., a professor of pharmacology and molecular sciences at the Johns Hopkins University School of Medicine's Institute for Basic Biomedical Sciences. "By plotting how much of each are found in different types of cells, as well as the cells' response to HIV, we learned that both are needed to get the protective effect."

Researchers have long known that DNA's code is made up of four building blocks called nucleotides, commonly abbreviated A, T, G, and C. Before a cell divides, DNA-copying enzymes string these nucleotides together based on existing templates, so that each of the new cells gets its own copy of the genome. But because the T nucleotide, dTTP, is very similar to dUTP, a fifth nucleotide that doesn't belong in DNA, the copying enzyme sometimes mistakenly puts in a U where there should be a T.

To prevent this, says Stivers, most human cell types have an enzyme whose job is to break down dUTP, keeping its levels very low. Another quality control measure is the enzyme hUNG2, which snips stray Us out of newly copied DNA strands, leaving the resulting holes to be filled by a different repair enzyme. Certain immune cells called resting cells lack the first quality-control mechanism because, Stivers explains, "They're not replicating their DNA and dividing, so they couldn't care less if they have a lot of dUTP."

This is a critical piece of information, Stivers says, because when a retrovirus like HIV invades a cell, its first order of business is to make a DNA copy of its own genome, then insert that copy into the host cell's genome. If there are many dUTPs floating around in the cell, they will likely make their way into the new viral DNA, and, potentially, later be snipped out by hUNG2. The question, Stivers says, left open by the conflicting results of previous studies, was what effect, if any, this process has on HIV and other viruses.

To address this question, Amy Weil, a graduate student in Stivers' laboratory, measured dUTP levels and hUNG2 activity in a variety of human cells grown in the laboratory, then exposed them to HIV. Cells with high dUTP but little hUNG2 activity succumbed easily to the virus, which appeared to function just fine with a U-ridden genome. Similarly, cells with low dUTP levels but high hUNG2 activity were susceptible to HIV. For these cells, it seemed, hUNG2 would snip out the few stray Us, but the resulting holes would be repaired, leaving the viral DNA as good as new.

But in cells with both high dUTP and vigilant hUNG2, the repair process turned into a hack job, Stivers says, leaving the viral DNA so riddled with holes that it was beyond repair. "It's like dropping a nuclear bomb on the viral genome," he says.

By showing how dUTP and hUNG2 work together to protect resting cells from infection, Stivers says, the study identifies a new pathway that could restrict HIV infection in non-dividing cells. Current anti-retroviral drugs effectively suppress the virus, but, Stivers explains, they miss copies of the virus that hide out in non-dividing cells, and "the minute you stop taking anti-retrovirals, it starts replicating again." He suggests that drug strategies could be devised to target this pathway in affected cells, possibly lessening the pool of viruses hiding out in non-dividing cells. The principle could also be applied to other retroviruses, he says, since they, like HIV, all make DNA copies of their genomes as part of the infection process.

###

Johns Hopkins Medicine: http://www.hopkinsmedicine.org

Thanks to Johns Hopkins Medicine for this article.

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Source: http://www.labspaces.net/126384/Researchers_show_how_cells__DNA_repair_machinery_can_destroy_viruses

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Tuesday, January 22, 2013

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Scientists find protein that reins in runaway network

Jan. 20, 2013 ? Marked for death with molecular tags that act like a homing signal for a cell's protein-destroying machinery, a pivotal enzyme is rescued by another molecule that sweeps the telltale targets off in the nick of time.

The enzyme, called TRAF3, lives on to control a molecular network that's implicated in a variety of immune system-related diseases if left to its own devices.

The University of Texas MD Anderson scientists identified TRAF3's savior and demonstrated how it works in a paper published online January 20 in Nature.

By discovering the role of OTUD7B as TRAF3's protector, Shao-Cong Sun, Ph.D., professor in MD Anderson's Department of Immunology, and colleagues filled an important gap in their understanding of a molecular pathway discovered in Sun's lab.

"Genetic defects or constant degradation of TRAF3 lead to the uncontrolled activity of what we call the non-canonical NF-kB pathway. This in turn, is associated with autoimmune diseases and lymphoid malignancies such as multiple myeloma and B cell lymphomas," Sun said. "Understanding how the degradation of TRAF3 is regulated is extremely important."

Dodging annihilation, turning the tables

Sun earlier found an alternative, or non-canonical, pathway that activates the protein complex known as NF-kB, a family of proteins that turns on genes that are important in immune response, inflammation, cell growth and survival, and development.

They found that NF-kB activity increases when TRAF3 has the homing targets, called ubiquitins, attached to it and is destroyed by the proteasome, a complex of proteins that hunts down ubiquitin-decorated proteins.

When TRAF3 evades attack, it turns that same destructive mechanism against NIK, a protein that's central to NF-kB activity, by tagging it with ubiquitins.

The key question was: What regulates TRAF3's destruction and, in the process, controls NF-kB?

OTUD7B emerges

Sun and colleagues had a candidate, the enzyme OTUD7B, also known by its more lyrical name, Cezanne. It was genetically quite similar to another enzyme active in the canonical pathway for NF-kB called A20. Both were known deubiquitinases, enzymes that cleave ubiquitin polymers. A20 is not active in the non-canonical NFkB pathway.

By applying inducers of the non-canonical NK-kB pathway to cells derived from OTUD7B-deficient mice, the researchers found:

? Degradation of TRAF3 and accumulation of its target, NIK

? Ubiquitination of TRAF3

Cells with OTUD7B intact suppressed non-canonical NF-kB signaling.

Varied immune effects in mice

Knocking out the OTUD7B gene caused biological changes in mice, but it did not kill them, as occurs when A20 is knocked out.

Mice with OTUD7B suppressed had greatly increased lymphoid cell growth in the lining of the intestine and hyper-responsiveness to antigens by B cells. "If these two symptoms occur persistently, as they did in the knockout mice, they may contribute to autoimmunity or inflammation," Sun said.

However, knockout mice also had an improved immune response to the lethal intestinal bacterial pathogen C. rodentium. All of the mice with normal OTUD7B died of the bacterial infection, while 75 percent of the knockout mice survived.

Teasing out the reasons for these effects and developing OTUD7B as a target for inhibitors to boost immunity in the lining of the intestine will take more research, Sun said.

"It's important to know that TRAF3 has opposing roles in regulating activation of T cells and B cells, indicating that OTUD7B has a cell-type specific function. So, as with many other research findings, it might take considerably more effort to assess the therapeutic potential of OTUD7B," Sun said.

Co-authors with Sun are first author Hongbo Hu, George Brittain, Jae-Hoon Chang, Nahum Puebla-Osorio, Jin Jin, Anna Zal, Yichuan Xiao, Xuhong Cheng, Mikyoung Chang, Tomasz Zal, and Chengming Zhu; and Yang-Xin Fu, of the University of Chicago. Zal, Zhu and Sun also are affiliated with The University of Texas Graduate School of Biomedical Sciences at Houston.

This study was supported by grants from the National Institutes of Health (numbers AI057555, AI064639, GM84459, CA137059, and T32CA009598), including MD Anderson's NCI Cancer Center Support Grant and the Sister Institution Network Fund of MD Anderson Cancer Center.

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The above story is reprinted from materials provided by University of Texas M. D. Anderson Cancer Center, via Newswise.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. Hongbo Hu, George C. Brittain, Jae-Hoon Chang, Nahum Puebla-Osorio, Jin Jin, Anna Zal, Yichuan Xiao, Xuhong Cheng, Mikyoung Chang, Yang-Xin Fu, Tomasz Zal, Chengming Zhu, Shao-Cong Sun. OTUD7B controls non-canonical NF-?B activation through deubiquitination of TRAF3. Nature, 2013; DOI: 10.1038/nature11831

Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/bgBfc8LiImk/130120145821.htm

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Molecular forces are key to proper cell division

Jan. 21, 2013 ? Studies led by cell biologist Thomas Maresca at the University of Massachusetts Amherst are revealing new details about a molecular surveillance system that helps detect and correct errors in cell division that can lead to cell death or human diseases. Findings are reported in the current issue of the Journal of Cell Biology.

The purpose of cell division is to evenly distribute the genome between two daughter cells. To achieve this, every chromosome must properly interact with a football-shaped structure called the spindle. However, interaction errors between the chromosomes and spindle during division are amazingly common, occurring in 86 to 90 percent of chromosomes, says Maresca, an expert in mitosis.

"This is not quite so surprising when you realize that every single one of the 46 chromosomes has to get into perfect position every time a cell divides," he notes. The key to flawless cell division is to correct dangerous interactions before the cell splits in two.

Working with fruit fly tissue culture cells, Maresca and graduate students Stuart Cane and Anna Ye have developed a way to watch and record images of the key players in cell division including microtubule filaments that form the mitotic spindle and sites called kinetochores that mediate chromosome-microtubule interactions. They also examined the contribution of a force generated by molecular engines called the polar ejection force (PEF), which is thought to help line up the chromosomes in the middle of the spindle for division. For the first time, they directly tested and quantified how PEF, in particular, influences tension at kinetochores and affects error correction in mitosis.

"We also now have a powerful new assay to get at how this tension regulates kinetochore-microtubule interactions," Maresca adds. "We knew forces and tension regulated this process, but we didn't understand exactly how. With the new technique, we can start to dissect out how tension modulates error correction to repair the many erroneous attachment intermediates that form during division."

The cell biologists conduct their experiments inside living cells. In normal cell division, chromosomes line up in the center, where two copies of each chromosome are held together with "molecular glue" until signaled to dissolve the glue and divide. To oversimplify, each chromosome copy is then pulled to opposite poles of the cell, escorted in what looks like a taffy pull away from the center as two new daughter cells are formed.

During the split, molecular engines pull the copies apart along microtubule tracks that take an active role in the process that includes shortening microtubules by large, flexible scaffold-like protein structures called kinetochores that assemble on every chromosome during division. Maresca and colleagues say until this study revealed details, PEF's function as a kinetochore regulator has been underappreciated.

Overall, this well-orchestrated process prevents serious problems such as aneuploidy, that is, too many chromosomes in daughter cells. Aneuploidy in somatic or body cells leads to cell death and is a hallmark of most cancer cells. But in eggs or sperm, it leads to serious birth defects and miscarriages.

In properly aligned division, microtubules from opposite spindle poles tug chromosome copies toward opposite poles, but they stick together with molecular glue until the proper moment. This creates tension at the kinetochores and stabilizes their interactions with microtubules. However, if attachments are bad, or syntelic, both copies attach to the same pole, leading to chromosome mis-segregation and aneuploidy if uncorrected. "Cells have a surveillance mechanism that allows them to wait for every chromosome to properly align before divvying up the chromosomes," Maresca says. "It's clear in our movies that the cell waits for the last kinetochores to correctly orient before moving forward."

To study this at the molecular level, Maresca and colleagues designed experiments to trick the cellular machinery into overexpressing the molecular engine that produces PEF. Surprisingly, this caused a dramatic increase in a type of bad kinetochore-microtubule interaction called syntelic attachments. They also fluorescently tag chromosomes, microtubules, kinetochores and the molecular engine kinesin with different colors to visualize interactions in real time using a special microscope at UMass Amherst able to image single molecules. Quantifying the amount of fluorescence of the force-producing molecular engine, they were able to assess the relative strength of the PEF in cells.

Maresca says, "We see the detection pathway preventing the molecular glue from dissolving until every chromosome is correctly aligned. The delay gives the cell time to correct errors. We propose that these bad syntelic attachments are normally very short-lived because they are not under proper tension. However, when we experimentally elevate PEF, tension is introduced at attachments that do not typically come under tension, essentially tricking the cell into thinking these chromosomes are properly aligned."

Plotting the percent of syntelic attachments versus the amount of PEF, Maresca and colleagues observed an error rate that plateaus at 80 to 90 percent, mirroring and supporting earlier work by others in different cell types. "In cells with elevated PEFs, the correction pathway is overridden, the detection mechanism is silenced and the result is disastrous because it leads to severe aneuploidy. This research has taught us about how an important molecular engine generates the PEF and how this force affects the accuracy of cell division."

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The above story is reprinted from materials provided by University of Massachusetts Amherst, via Newswise.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Note: If no author is given, the source is cited instead.

Disclaimer: This article is not intended to provide medical advice, diagnosis or treatment. Views expressed here do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/health_medicine/genes/~3/wIDH5ryqQmM/130121103303.htm

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Sunday, January 20, 2013

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Source: http://www.articlesnatch.com/Article/Travel-To-Chile-And-Myanmar-Will-Surely-Give-You-Immense-Fun-And-Joy/4388721

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Blockbuster UK administrators to shut 129 stores, cut 760 jobs

LONDON (Reuters) - Entertainment retailer Blockbuster UK will shut 129 of its 528 stores and make 760 out of its 4,190 employees redundant, the firm's administrators said on Saturday in the latest bad news for Britain's gloomy high streets.

Blockbuster, which is owned by U.S. satellite TV company Dish Network , went into administration on Wednesday, days after music and DVD retailer HMV did the same.

"Having reviewed the portfolio with management, the store closure plan is an inevitable consequence of having to restructure the company to a profitable core which is capable of being sold," Blockbuster administrator Lee Manning of Deloitte said in a statement.

The 129 store closures, which will take place gradually over the coming weeks, are in addition to 31 store closures that had already been decided prior to administration, the statement said.

"The joint administrators continue to review the profitability of the store portfolio and announcements of further closures may be made in coming weeks," it said.

Blockbuster is the third casualty in the British retail sector since Christmas, after HMV and camera chain Jessops.

Many specialist retailers are struggling against competition from supermarkets like Tesco , online stores like Amazon and download sites like Apple's iTunes.

British retailers are also suffering from Britain's protracted economic troubles, with little wage growth for consumers whose budgets are being squeezed by government austerity measures.

(Reporting by Estelle Shirbon; Editing by Susan Fenton)

Source: http://news.yahoo.com/blockbuster-uk-administrators-shut-129-stores-cut-760-124708235--finance.html

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