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Tuesday, October 15, 2013

Libyan pleads not guilty to terrorism charges

In this courtroom sketch, Abu Anas al-Libi, 49, second from left, sits as his lawyer David Patton, second from right, address Judge Lewis Kaplan, far right, in a federal courtroom in New York, Tuesday, Oct. 15, 2013. Abu Anas al-Libi, a Libyan, pleaded not guilty to terrorism charges in the deadly 1998 al-Qaida bombings of U.S. embassies in Africa. (AP Photo/Elizabeth Williams)

FILE - This file image from the FBI website shows Anas al-Libi, an al-Qaeda leader connected to the 1998 embassy bombings in eastern Africa and wanted by the United States for more than a decade. Gunmen in a three-car convoy seized Nazih Abdul-Hamed al-Ruqai, known by his alias Anas al-Libi, outside his house Saturday, Oct. 5, 2013, in the Libyan capital, his relatives said. Two law enforcement officials say a team of U.S. investigators from the military, the intelligence community and the Justice Department has been deployed to question Abu Anas al-Libi, according to two law enforcement officials. (AP Photo/FBI, File)

In this courtroom sketch, Abu Anas al-Libi, 49, right, is lead away after answering terrorism charges in a federal courtroom in New York, Tuesday, Oct. 15, 2013. Abu Anas al-Libi, a Libyan, pleaded not guilty to terrorism charges in the deadly 1998 al-Qaida bombings of U.S. embassies in Africa. (AP Photo/Elizabeth Williams)

In this courtroom sketch, Abu Anas al-Libi, 49, sits as his lawyer David Patton, right, address a federal court in New York, Tuesday, Oct. 15, 2013. Abu Anas al-Libi, a Libyan, pleaded not guilty to terrorism charges in the deadly 1998 al-Qaida bombings of U.S. embassies in Africa. (AP Photo/Elizabeth Williams)

NEW YORK (AP) — An alleged al-Qaida member who was snatched off the streets in Libya and interrogated for a week aboard an American warship pleaded not guilty to bombing-related charges Tuesday in a case that has renewed the debate over how quickly terrorism suspects should be turned over to the U.S. courts.

Despite calls from Republicans in Congress to send him to Guantanamo Bay for indefinite interrogation, Abu Anas al-Libi became the latest alleged terrorist to face civilian prosecution in federal court in New York, the scene of several such convictions.

Al-Libi, wearing a thick gray beard, looked frail and moved slowly as he was led into the heavily guarded courtroom in handcuffs. An attorney said he had come to court from a New York hospital, where he was treated for three days for hepatitis C and swollen limbs.

The 49-year-old al-Libi was captured by American commandos during an Oct. 5 military raid in Libya and questioned for a week aboard the USS San Antonio.

He was indicted more than a decade ago in the twin 1998 bombings at the U.S. embassies in Kenya and Tanzania that killed 224 people, including a dozen Americans. If convicted, he could get life behind bars.

Known as one of al-Qaida's early computer experts, al-Libi is accused of helping plan and conduct surveillance for the attacks. He is believed to have used an early-generation Apple computer to assemble surveillance photographs.

The defendant kept his hands folded on his lap as the judge read the charges in a courtroom secured by about a dozen deputy U.S. marshals. The judge ordered him detained after a federal prosecutor called him a "clear danger."

Republicans stepped up their criticism of Obama for his administration's handling of al-Libi, saying he should have been sent to the American prison at Guantanamo Bay for more interrogation instead of being taken to the U.S. and given access to civilian courts and the legal protections they provide.

"He was a treasure trove of information," said Sen. Lindsey Graham of South Carolina.

"The most dangerous thing we could do as a nation is to treat a captured al-Qaida terrorist as a common criminal, read them their Miranda rights and put them in civilian court before we have a chance to gather intelligence."

New York Republican Rep. Peter King, a member of the House Intelligence Committee, said: "The real issue is the intelligence. Once he gets a lawyer, he holds the cards. ... Put it this way: Now he decides whether he will talk."

Democratic Sen. Patrick Leahy of Vermont defended the administration, saying dozens of terrorists have been arrested and continued providing information.

"Wouldn't it be nice if we demonstrated to the rest of the world that we're not afraid of these people, that we have the best court systems in the world and we're going to use them?" he said.

Al-Libi's family and former associates have denied he was ever a member of al-Qaida.

"The presumption of innocence is not a small technicality here," his court-appointed attorney, David Patton, said in email sent after the hearing. In a 150-page indictment, al-Libi "is mentioned in a mere three paragraphs relating to conduct in 1993 and 1994 and nothing since. ... There is no allegation that he had any connection to al-Qaida after 1994, and he is eager to move forward with the legal process in this case."

Al-Libi's lawyer also said the defendant goes by the name Nazih Abdul-Hamed al-Ruqai.

The prosecution in the United States is in keeping with a policy of bringing suspected al-Qaida sympathizers and operatives to civilian courts rather than military tribunals.

The civilian court prosecutions have continued before and after the Obama administration was forced to reverse its plans to prosecute 9/11 mastermind Khalid Sheikh Mohammed and several others in federal court in Manhattan.

Before the Sept. 11 attacks, several other major terrorism trials were held in New York, including those of blind Egyptian sheik Omar Abdel-Rahman and Ramzi Yousef, who was the architect of the 1993 World Trade Center bombing.

Just weeks before 9/11, four men were convicted in the embassy bombings and were sentenced to life in prison, two of them after a jury rejected the death penalty.

___

Associated Press writers Bradley Klapper and Eileen Sullivan in Washington and Frank Eltman on Long Island contributed to this report.

Associated PressSource: http://hosted2.ap.org/APDEFAULT/386c25518f464186bf7a2ac026580ce7/Article_2013-10-15-Terror%20Trials/id-0a0ef4cf0dd543c3bb3b6f34f9e241f9
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Aspar Decides: Nicky Hayden To Ride A Honda In 2014

The decision was made almost inevitable once it was announced that current Aprilia racing boss Gigi Dall'Igna would be leaving the Noale factory to join Ducati. Dall'Igna and Martinez had a strong working relationship dating back to the years in which Aspar ran 125 and 250cc team, and Aspar's faith in Aprilia's MotoGP program was based on the strength of that relationship. With Dall'Igna gone, that leaves Aprilia's MotoGP program in disarray - at least, temporarily - and makes the Honda production racer the best option. Aspar also had the option to run a Ducati GP13 as a customer bike with the spec Dorna software, but with Dall'Igna just arrived and little chance of any updates to that bike, it was not a promising option.

The decision was made despite a last-ditch effort by Aprilia to retain Aspar. New Aprilia Racing boss Romano Albesiano had flown to Malaysia to try to persuade Aspar to stick with the Noale factory, but the uncertainty over Aprilia's future in racing meant his efforts were in vain.

American Honda's financial contribution to help get Nicky Hayden back on a Honda helped to make the choice for the Honda easier. Whether HRC also helped to sweeten the deal is unknown, but of the five bikes Honda have already built, only two had been sold, one to the Gresini Honda team for Scott Redding, and one for the Cardion AB team for Karel Abraham. Having four bikes on the grid instead of two will make developing the machine much easier, especially with a proven veteran like Nicky Hayden on board.

Aspar's defection from Aprilia leaves only the PBM team with any links still to Aprilia. The British team is currently racing Aprilia's RSV4-based engine in their own chassis, but there have been rumors that Paul Bird's team may drop the Aprilia lump in favor of something else. The Aprilia engine is handicapped by the spec software, as the engine is designed to make use of the butterfly exhaust valve for improved mid-range, but Magneti Marelli have not implemented software control of this yet, nor are they likely to in the near future, other algorithms being given priority. With the functionality list being determined by the popularity of an item, requests for functionality to help one specific engine technology tend to be put to the back of the queue.

Who Hayden's team mate will be is as yet unknown. Aleix Espargaro has been released to the NGM Forward team for 400,000 euros, 300,000 of which comes from the Forward team, and 100,000 of which comes from Espargaro himself, in the form of him foregoing his bonus for winning the title of best CRT rider. Eugene Laverty had been linked to the ride, but Laverty was an Aprilia appointee, and with Aspar switching to Honda, he may not have a place in the team. According to Speedweek, the list of possible riders could also include Yonny Hernandez or Hiroshi Aoyama. Current rider Randy de Puniet looks set to take on a full time role as tester for Suzuki, who will be making their return to MotoGP in 2015, if all goes to plan.

The future of Nicky Hayden appears to have been decided. Jorge Martinez, boss of the Aspar team, has decided to drop Aprilia in favor of Honda, according to German language website Speedweek.com. Aspar is set to make an announcement later this week on their future, and that decision appears to be that the Spanish team will be running Honda's production racer RCV1000R for next season.The decision was made almost inevitable once it was announced that current Aprilia racing boss Gigi Dall'Igna would be leaving the Noale factory to join Ducati. Dall'Igna and Martinez had a strong working relationship dating back to the years in which Aspar ran 125 and 250cc team, and Aspar's faith in Aprilia's MotoGP program was based on the strength of that relationship. With Dall'Igna gone, that leaves Aprilia's MotoGP program in disarray - at least, temporarily - and makes the Honda production racer the best option. Aspar also had the option to run a Ducati GP13 as a customer bike with the spec Dorna software, but with Dall'Igna just arrived and little chance of any updates to that bike, it was not a promising option. 

Source: http://feedproxy.google.com/~r/MotoGPMatters/~3/J_-OwWNNR5c/aspar_decides_nicky_hayden_to_ride_a_hon.html
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Robert Shiller, 2013 Econ Nobel Prize - Business Insider

Yale University professor Robert Shiller was one of three people to win the 2013 Sveriges Riksbank Prize in Economic Sciences (also known as the Nobel Prize in Economics).

Shiller is already a god among economists. He famously predicted two of the biggest bubbles of all time: the dot-com bubble and the housing bubble. Both times, he published an edition of his book Irrational Exuberance, which described and predicted each respective bubble.

The theme of this year's award "Trendspotting in asset markets," and the Nobel committee pointed to Shiller's work in forecasting intermediate-term moves in asset prices.

"He found that stock prices fluctuate much more than corporate dividends, and that the ratio of prices to dividends tends to fall when it is high, and to increase when it is low," said the Nobel Committee. "This pattern holds not only for stocks, but also for bonds and other assets."

Shiller regularly updates his data and makes it available for free online.

He is responsible for two charts, that everyone in finance follow very closely.

The first chart is of the cyclically-adjusted price-earnings (CAPE) ratio. CAPE is calculated by taking the S&P 500 and dividing it by the average of ten years worth of earnings. If the ratio is above the long-term average of around 16, the stock market is considered expensive. Shiller has argued that the CAPE is remarkably good at predicting returns over the period of several years.

As you can see, the CAPE ratio reached insanely high levels during the dotcom bubble.

The second chart is of a long-term look at home prices adjusted for inflation.

During the early 2000s, home prices took off, forcing Shiller to publish the second edition of Irrational Exuberance.

As you can see, homes are not great assets if you're looking for real returns.

"Housing traditionally is not viewed as a great investment," he told Bloomberg's Trish Regan earlier this year. "It takes maintenance, it depreciates, it goes out of style. All of those are problems. And there's technical progress in housing. So, new ones are better.

"So, why was it considered an investment? That was a fad. That was an idea that took hold in the early 2000's. And I don't expect it to come back. Not with the same force. So people might just decide, "Yeah, I'll diversify my portfolio. I'll live in a rental." That is a very sensible thing for many people to do."

Yale

No one will argue that Shiller wasn't deserving of the Nobel prize. If anything, it was long overdue.

Source: http://www.businessinsider.com/robert-shiller-2013-econ-nobel-prize-2013-10
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Researchers fake sense of touch in monkey brains, hope to build a better prosthetic

Medical prosthetics have come a long way in recent years, but with a few exceptions, artificial limbs still lack the tactility of their fleshy counterparts. Scientists at the University of Chicago are looking to plug those sensory gaps by researching how to simulate touch sensations within the ...

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/LYdwoPBK7Wk/
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Al Qaeda suspect, captured in Libya, is taken to New York to face charges

FBI via Getty Images file

Nazih Abdul-Hamed al-Ruqai, known as Abu Anas al-Libi, was indicted in 2000 in the 1998 bombings of the U.S. embassies in Kenya and Tanzania.

By Pete Williams and Erin McClam, NBC News

A suspected al Qaeda operative who was captured in Libya and held aboard an American warship for interrogation has been taken to New York to face charges that he played a role in the bombings of two African embassies in 1998, federal authorities said Monday.

The suspected operative, Abu Anas al-Libi, was whisked off the streets of Tripoli by American commandos earlier this month.

He is one of 21 men indicted in the bombings of the American embassies in Kenya and Tanzania. He is among nine in custody. Eight have been killed, including Osama bin Laden; one died awaiting trial, and three are at large.

In a letter to the federal judge handling the embassy bombing cases, the top federal prosecutor in Manhattan, Preet Bharara, said that al-Libi had arrived in New York and was placed under arrest Saturday. The government expects that he will go before a judicial officer Tuesday, Bharara said.

None of what American interrogators might have gleaned from him during their questioning, aboard the USS San Antonio, would be admissible in court. Further questioning by the FBI, after a Miranda warning, would be admissible.

Since the embassy bombings, which killed 223 people, the United States has systematically hunted the men it says are responsible. Al-Libi, 49, was among the top remaining leaders of al Qaeda, and his name was among the first placed on the FBI’s list of most wanted terrorists after the Sept. 11 attacks.

Libya objected to the seizure, but U.S. officials, including Secretary of State John Kerry, said that it complied with American law and that al-Libi was an “appropriate target” for the military.

A federal indictment in New York accuses al-Libi of helping plan the attacks and of conducting surveillance of the embassy and other diplomatic facilities in Nairobi, Kenya. According to testimony at an earlier embassy bombing trial, it was al-Libi, who was in London at the time of the attacks, who first proposed the bombing of foreign embassies in 1993.

Robert Windrem of NBC News contributed to this report.

This story was originally published on Mon Oct 14, 2013 2:54 PM EDT

Source: http://feeds.nbcnews.com/c/35002/f/663306/s/3272d396/sc/11/l/0Lusnews0Bnbcnews0N0C0Inews0C20A130C10A0C140C20A9622280Eal0Eqaeda0Esuspect0Ecaptured0Ein0Elibya0Eis0Etaken0Eto0Enew0Eyork0Eto0Eface0Echarges0Dlite/story01.htm
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Sunday, October 13, 2013

Democrat Reid says he will keep talking to Republican McConnell on debt limit

WASHINGTON (Reuters) - Senate Majority Leader Harry Reid said on Sunday that he had a "productive conversation" with Senate Republican leader Mitch McConnell on efforts to reopen the U.S. government and raise the federal debt limit.

"Our discussions were substantive, and we'll continue those discussions. I'm optimistic about the prospects for a positive conclusion to the issues before this country today," Reid said in remarks on the Senate floor.

He did not provide any specifics of the conversation. Democrats and Republicans remain divided over spending levels in any temporary government-funding measure.

(Reporting By David Lawder; Editing by Philip Barbara)

Source: http://news.yahoo.com/democrat-reid-says-keep-talking-republican-mcconnell-debt-210243743--business.html
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Friday, October 11, 2013

Taiwan's Cinema Owners Voice Opposition to Proposed Movie Ticket Tax

Taiwan's Ministry of Culture this week proposed introducing a 5 percent tax on all movie tickets sold in the territory, with the funds used to help develop the domestic film industry. The suggestion has been met with swift opposition from cinema operators, however.

The Ministry floated the idea during a meeting with local filmmakers and industry trade group representatives, saying it would be implemented as an amendment to the existing Motion Picture Act, which allows for the creation of a public fund to subsidize the film sector.

STORY: Ang Lee, Jia Zhangke to Lead Discussions at Taiwan’s Golden Horse Festival

Minister of Culture Lung Ying-tai noted in the meeting the popularity of tax-based film funds around the world, according to local news paper the Taipei Times.

France, for example, has a long-standing 11 percent tax on movie tickets that is channeled into the film sector.

Reps for the local exhibition industry have voiced strong disapproval of the proposal. Michael Liao, chairman of a film and drama trade association in New Taipei City, said the tax would simply be passed on to consumers as a ticket price hike, which will scare away moviegoers. Liao, who is also chairman of local theater circuit Showtime Cinemas, said his company has resisted raising ticket prices for as long as a decade, despite rising utilities costs, for fear of alienating consumers.

STORY: Oscars: Taiwan Nominates 'Soul' for Foreign Language Category

By way of compromise, Taiwanese director Wang Shau-di has put forward the idea of reducing the tax to 3 percent for movie theaters that hold promotional events for domestic Taiwanese films.

Lung countered that the share of locally produced films shown in Taiwan remains low -- 17.46 percent of the market -- compared to other territories in the region, such as Japan, where domestic films account for 55 percent, or South Korea at 50 percent. The minister added that she realizes the policy will face resistance, but her office believes it is essential to the longterm vitality of the domestic Taiwanese film industry.

Source: http://feedproxy.google.com/~r/HollywoodReporterAsia/~3/rDfQ5tE4Ezc/story01.htm
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