Senators trade proposals into night to avoid ‘fiscal cliff’

Senate negotiators labored late into Saturday over a last-ditch plan to avert the “fiscal cliff,” struggling to resolve key differences over how many wealthy households should face higher income taxes in the new year and how to tax inherited estates.

As the clock ticked toward a Jan. 1 deadline, the halls of the Capitol were dark and silent. The House and the Senate are shuttered until Sunday afternoon, in part to avoid distractions as the talks over averting sharp tax increases for most American taxpayers entered their final hours.

While Senate Majority Leader Harry M. Reid (D-Nev.) monitored developments by telephone, Minority Leader Mitch McConnell (R-Ky.) arrived at the Capitol shortly after noon. Asked whether he and Reid would be able to strike a deal, McConnell smiled and replied: “I hope so.”

As nightfall approached, top Democratic and Republican aides continued shuttling paperwork with the latest proposals back and forth between the two leaders’ offices, about 60 steps apart.

Under negotiation is a deal that would extend George W. Bush-era tax cuts for nearly all taxpayers but increase rates on top earners. It also would extend unemployment benefits set to expire in January for 2 million people and prevent about 30 million Americans from having to pay the alternative minimum tax for the first time.

McConnell left the Capitol shortly before 7 p.m, revealing few details. “We’ve been in discussions all day, and they continue,” he said. He added, “We’ve been trading paper all day and talks continue into the evening.”

Reid and McConnell have set a deadline of about 3 p.m. on Sunday for cinching a deal. That’s when they’re planning to convene caucus meetings of their respective members in separate rooms just off the Senate floor. At that point, the leaders will brief their rank and file on whether there has been significant progress and will determine whether there is enough support to press ahead with a proposal.

“They both know the clock ends Sunday,” said Sen. Mark Begich (D-Alaska).

If all goes according to plan, the leaders would roll out the legislation Sunday night and hold a vote by at least midday Monday, giving the House the rest of New Year’s Eve to consider the measure.

In the House, Speaker John A. Boehner (R-Ohio) huddled Saturday with his senior staff for two hours but remained on the periphery of the negotiations. Passage in the unpredictable chamber is anything but certain. Boehner told President Obama and congressional leaders Friday that he could commit only to considering a Senate-passed bill and suggested that the House may amend that bill and send it back to the Senate.

House consideration of the measure could become another white-knuckle moment. Boehner would like the eventual deal to be passed by a bipartisan coalition that is roughly equally divided between Republicans and Democrats, GOP aides said. Republicans have not supported tax increases since 1990, and conservative activists were already criticizing any deal to raise taxes on the wealthy.

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IMF, EU push for less drastic deficit cuts

PARIS: The International Monetary Fund and European Commission officials have encouraged France and its eurozone partners not to fixate on deficit reduction targets if it would exacerbate the bloc's debt crisis.

The head of an IMF mission in France, Edward Gardner, urged officials in Paris last week to consider their 2013 budget targets "in a broader European context."

The IMF and the EU Commission expect the French public deficit to amount to 3.5 per cent of gross domestic product (GDP) next year.

They do not believe France can reach its 3.0 per cent goal, the eurozone limit, without additional measures that could aggravate an already tenuous economic situation.

"The credibility of the medium term orientation policy" was more important than a specific deficit target, Gardner told reporters.

Loosening the criteria would "be more effective, more credible in a coordinated fashion" across the 17-nation eurozone, he suggested.

In Portugal the public deficit fell at the end of the third quarter to 5.6 per cent of GDP from 6.7 per cent at the same point a year earlier, while neighbouring Spain has promised to slash its deficit to 3.0 per cent by 2014 from a blowout shortfall equal to 9.4 per cent of output last year.

Germany expects its budget to be in balance this year, two years ahead of schedule, but IMF head Christine Lagarde has suggested that Berlin ease up a bit in its drive for healthy finances.

"Germany ... and others ... can allow themselves to go a little more slowly than others in the push to straighten out their public finances," Lagarde told the German weekly Die Zeit in comments published last week.

Her call echoed other European voices that are now arguing for greater emphasis on growth rather than austerity measures.

"The IMF is beginning to understand that the French situation has become dangerous," economist Marc Touati at the ACDefi consulting group said. Unemployment is climbing and the economy is still struggling, he pointed out.

The IMF was "trying to prepare public opinion" for missed government targets, Touati suggested.

"This is not really a new position," Frederique Cerisier at the French bank BNP Paribas said of Lagarde's recent remarks. She acknowledged however that some international institutions were "placing added emphasis" on the need to cut deficits more gradually.

On Tuesday, the EU's 'fiscal compact,' a hard-won step towards tighter economic coordination agreed as part of efforts to tame the debilitating debt crisis, takes effect.

Finalised in March, 25 of the 27 EU member states accepted a 'balanced budget rule' in the compact to ensure that governments would no longer run the massive budget deficits which drove the debt crisis and nearly sank the euro.

But as the European debt crisis drags on and economies flounder, the idea of allowing governments more time to straighten out their finances has gained ground.

European Economic Affairs Commissioner Ollie Rehn said last week that France needed more reforms rather than more austerity.

"Once you have a credible medium-term budget strategy, backed up by reforms, you can have a slower adjustment," he told French daily Le Monde.

If a 3.0-per cent French deficit remains a valid reference, "what needs to be taken into account above all is the structural budget adjustment effort which France is making with remarkable intensity," the EU official said.

French officials nevertheless seem determined to stick by their targets. They insist that the public deficit will be brought down to 3.0 per cent of GDP next year from 4.5 per cent in 2012, based on a 2013 growth estimate of 0.8 per cent that economists consider overly optimistic.

Friday's third-quarter growth figures gave them little comfort: official statistics revised growth over that period down from 0.2 to 0.1 per cent.

French Finance Minister Pierre Moscovici wrote in the German business daily Handelsblatt that France had a duty to reverse years of budget deficits.

"In the past 30 years, France has not been able to pass a balanced budget. State debt rose to an unacceptable 1.7 trillion euros ($2.2 trillion) in 2011. It is our duty to reverse this," Moscovici said.

On Friday he reaffirmed the goverment's 2013 growth target.

Cerisier at BNP Paribas warned that France, which is now benefitting from exceptionally low borrowing rates, must be careful how it communicates to markets, if it wants to maintain its credibility.

But, she added: "The fact that we can begin to discuss all that is proof that countries have become more credible with respect to their economic targets."

- AFP/ck

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July blasts in Valley a terror strike: Cops

SRINAGAR: The Jammu & Kashmir police have claimed that two Lashkar-e-Taiba terrorists killed in an encounter on Friday in Pulwama were responsible for a blast on a bus that had killed four tourists in Anantnag in July. The claim contradicts their statement that ruled out a terror angle to the blast then and had said that an LPG cylinder inside the bus had exploded and killed the four women from Mumbai.

ADG S M Sahai said the two terrorists had thrown a grenade at the bus."... it seemed to be a gas cylinder blast at that time. However, after forensic examinations, it was termed as a grenade attack," he said.

The surviving tourists had then said "something" was tossed into the bus, which was followed by the explosion. Doctors at Srinagar's Sher-e-Kashmir Institute of Medical Sciences had said that none of the victims had burn injuries, which a cylinder explosion can cause. "It could be splinter injuries of a grenade," a doctor had said.

Separately, separatist leader Mirwaiz Umar Farooq blamed security forces for firing on people after the Pulwama encounter. The separatists have called a bandh on Monday to protest the firing.

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How to Banish That New Year's Eve Hangover

For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?

Read More..

Woman Charged With Murder in NYC Subway Push

A woman who allegedly told New York City police she pushed a man onto the subway tracks because she hated Hindus and Muslims has been charged with murder as a hate crime.

Erica Menendez, 31, allegedly told police that she "pushed a Muslim off the train tracks because I hate Hindus and Muslims ever since 2001 when they put down the twin towers I've been beating them up."

Menendez was taken into custody this morning after a two-day search, and when detectives were interviewing her she allegedly made the statements implicating herself in Thursday night's subway-platform death.

"The defendant is accused of committing what is every subway commuter's worst nightmare -- being suddenly and senselessly pushed into the path of an oncoming train," Queen District Attorney Richard A. Brown said. "The victim was allegedly shoved from behind and had no chance to defend himself. Beyond that, the hateful remarks allegedly made by the defendant and which precipitated the defendant's actions can never be tolerated by a civilized society."

Menendez was due to be arraigned this evening. She could face 25 years to life in prison if convicted of the second degree murder charge.

On Thursday night, a woman shoved a man from a subway platform at Queens Boulevard, and the man was crushed beneath an oncoming train. Police had searched the area for her after the incident.

New York City Subway Pusher Charged With Murder Watch Video

The victim was Sunando Sen, identified by several media outlets as a graphic designer and Indian immigrant who opened a print shop, Amsterdam Copy, on Manhattan's Upper West Side. Sen was struck by the No. 7 train after the unidentified woman allegedly pushed him from the northbound platform at 40th Street and Queens Boulevard at 8:04 p.m. on Thursday.

Witnesses told police they had seen the woman mubling to herself, pacing along the platform. She gave Sen little time to react, witnesses said.

"Witnesses said she was walking back and forth on the platform, talking to herself, before taking a seat alone on a wooden bench near the north end of the platform. When the train pulled into the station, the suspect rose from the bench and pushed the man, who was standing with his back to her, onto the tracks into the path of the train," NYPD Deputy Commissioner Paul J. Browne said earlier today. "The victim appeared not to notice her, according to witnesses."

READ: What to Do If You Fall on the Subway Tracks

Police released brief surveillance video of the woman fleeing the subway station, and described the suspect as a woman in her 20s, "heavy set, approximately 5'5" with brown or blond hair."

It was New York's second death of this kind in less than a month. On Dec. 3, 58-year-old Ki-Suck Han of Queens was shoved onto the tracks at New York's Times Square subway station. Two days later, police took 30-year-old Naeem Davis into custody.

On Friday, New York City Mayor Michael Bloomberg was asked whether the attack might be related to the increase of mentally ill people on the streets following closures of institutions over the past four decades.

"The courts or the law have changed and said, no, you can't do that unless they're a danger to society. Our laws protect you," Bloomberg said on his weekly radio show.

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Agreement within reach on ‘fiscal cliff’ deal, officials say

President Obama and Senate leaders were on the verge of an agreement Friday that would let taxes rise on the wealthiest households while protecting the vast majority of Americans from historic tax hikes set to hit in January.

The development marked a breakthrough after weeks of paralysis. After meeting with Obama at the White House, Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) said they would work through the weekend in hopes of drafting a “fiscal cliff” package they could present to their colleagues on Sunday afternoon.

As the Senate began haggling over critical details, the emerging deal faced an uncertain fate in the House, where Speaker John A. Boehner (R-Ohio) failed just one week ago to persuade his adamantly anti-tax caucus to let taxes rise even for millionaires.

Still, on Friday, Obama pronounced himself “modestly optimistic” at a brief news conference at the White House. The ordinarily dour McConnell said he was “hopeful and optimistic.” And Reid immediately began preparing Senate Democrats for what could be a difficult vote.

“Whatever we come up with is going to be imperfect. Some people aren’t going to like it. Some people will like it less,” Reid said on the Senate floor before dozens of silent and attentive senators from both parties. But “we’re going to do the best we can for . . . the country that’s waiting for us to make a decision.”

According to people briefed on the talks, the developing package would protect nearly 30 million taxpayers from paying the alternative minimum tax for the first time and keep unemployment benefits flowing to 2 million people who otherwise would be cut off in January.

The deal also would likely halt a steep cut in Medicare reimbursements set to hit doctors in January and preserve popular tax breaks for both businesses and individuals, such as those for research and college tuition.

But the two sides were still at odds over a crucial issue: how to define the wealthy. Obama has proposed letting tax rates rise on income over $250,000 a year. Senate Republicans have in recent days expressed interest in a compromise that would lift that threshold to $400,000 a year, an offer Obama made to Boehner before the speaker abruptly broke off negotiations last week.

In addition to its political appeal, the $400,000 threshold has practical benefits, Republican aides said: It would limit tax increases to the very top tax bracket rather than the top two brackets. And it would avoid a quirk of the tax code that would cause rates to rise more dramatically for those earning between $250,000 and $400,000 than for households with much larger incomes.

The two sides also had yet to agree on another politically sensitive issue: how to tax inherited estates. Republicans — and many Senate Democrats from states with large family farms — want to maintain the current tax structure, which exempts estates worth up to $5 million and taxes those above that level at 35 percent. Obama has proposed a $3.5 million exemption and a tax rate of 45 percent, a proposal that is far more acceptable to liberal Democrats.

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China law says family members should visit elderly relatives

BEIJING: China has passed a new law stipulating that family members should pay regular visits to their elderly relatives, according to the government's official website.

The ruling, approved by China's National People's Congress on Friday, is part of a package of amendments to the Protection of the Rights and Interests of the Elderly legislation and will come into force on July 1, 2013.

"Family members who live separately from the elderly should visit them often," the law says, adding that "employers should guarantee the right to home leave in accordance with relevant regulations".

The law mentions no specific penalties for those who fail to visit frequently, nor elaborates on what "often" means.

But it does state that if the rights and interests of the elderly are violated, they or someone on their behalf can seek official help or file a lawsuit.

The wide-ranging law includes clauses covering intra-family conflicts regarding support obligations, housing and assets. It stipulates punishments for people who abuse the elderly, fail to support them and interfere in their freedom to marry.

The legal changes reflect the challenge China faces in dealing with an increasingly ageing society after three decades of limiting couples to a single child.

The country's modernisation, rapid economic growth and increasing urbanisation have also put pressure on traditional family life.

The official Xinhua news agency said Friday that the law was amended "amid government efforts to find comprehensive solutions to issues facing the elderly population, as the number of Chinese senior citizens has grown rapidly in recent years".

At the end of 2011, there were more than 184 million people above the age of 60, Xinhua said, citing official figures, accounting for 13.7 per cent of the population.

Legislator Yu Jianwei told reporters that China's elderly population is expected to exceed 200 million in 2013, according to Xinhua.

The United Nations estimates that that by 2050 some 30 per cent of Chinese will be 60 or over, versus 20 per cent worldwide and 10 per cent in China in 2000.

- AFP/ck

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Govt will ensure India becomes demonstrably better and safer place for women: PM

NEW DELHI: Recognising the "emotions and energies" that the rape of the young woman in Delhi had generated in the capital and elsewhere, Prime Minister Manmohan Singh on Saturday, while condoling her death, said that "India genuinely desires change" and resolved that the government will ensure that it becomes "a demonstrably better and safer place for women to live in".

"It was up to us all to ensure that her death will not have been in vain", the prime minister said as he joined the nation "in conveying to her family and friends" his deepest condolences at this "terrible loss".

"I want to tell them and the nation that while she may have lost her battle for life, it is up to us all to ensure that her death will not have been in vain.

"We have already seen the emotions and energies this incident has generated. These are perfectly understandable reactions from a young India and an India that genuinely desires change," the prime minister said in his message.

It would be a true homage to her memory, Manmohan Singh added, if we are able to channelise these emotions and energies into a constructive course of action.

"The need of the hour is a dispassionate debate and inquiry into the critical changes that are required in societal attitudes. Government is examining, on priority basis, the penal provisions that exist for such crimes and measures to enhance the safety and security of women," he said in his statement.

The prime minister expressed the hope that "the entire political class and civil society will set aside narrow sectional interests and agenda to help us all reach the end that we all desire - making India a demonstrably better and safer place for women to live in".

"I pray for the peace of the departed soul and hope that her family will have the strength to bear this grievous loss," he said.

Read More..

How to Banish That New Year's Eve Hangover

For those of us who enjoy the occasional cocktail, the holiday season would be incomplete without certain treats of the liquid variety. Some look forward to the creamy charms of rum-laced eggnog; others anticipate cupfuls of high-octane punch or mugs of warm, spiced wine.

No matter what's in your glass, raising one as the year winds down is tradition. What could be more festive? The problem is, one drink leads to two, then the party gets going and a third is generously poured. Soon, the music fades and the morning arrives—and with it, the dreaded hangover. (Explore a human-body interactive.)

Whether it's a pounding headache, a queasy stomach, sweating, or just general misery, the damage has been done. So now it's time to remedy the situation. What's the quickest way to banish the pain? It depends who you ask.

Doctors typically recommend water for hydration and ibuprofen to reduce inflammation. Taking B vitamins is also good, according to anesthesiologist Jason Burke, because they help the body metabolize alcohol and produce energy.

Burke should know a thing or two about veisalgia, the medical term for hangover. At his Las Vegas clinic Hangover Heaven, Burke treats thousands of people suffering from the effects of drinking to excess with hydrating fluids and medications approved by the U.S. Food and Drug Administration.

"No two hangovers are the same," he said, adding that the unfavorable condition costs society billions of dollars-mostly from lost productivity and people taking sick days from work.

Hot Peppers for Hangovers?

So what's the advice from the nonmedical community? Suggestions range from greasy breakfasts to vanilla milkshakes to spending time in a steamy sauna. A friend insists hot peppers are the only way to combat a hangover's wrath. Another swears by the palliative effects of a bloody mary. In fact, many people just have another drink, following the old "hair of the dog that bit you" strategy.

Whether such "cures" actually get rid of a hangover is debatable, but one thing's for sure: the sorry state is universal. The only people immune to hangovers are the ones who avoid alcohol altogether.

So for those who do indulge, even if it's just once in awhile, see our interactive featuring cures from around the world (also above). As New Year's Eve looms with its attendant excuse to imbibe, perhaps it would be wise to stock your refrigerator with one of these antidotes. Pickled herring, anyone?

Read More..

Epic Journey: Did Moses' Exodus Really Happen?

In the Bible, he is called Moses. In the Koran, he is the prophet Musa.

Religious scholars have long questioned whether of the story of a prophet leading God's chosen people in a great exodus out of Egypt and the freedom it brought them afterwards was real, but the similarities between a pharaoh's ancient hymn and a psalm of David might hold the link to his existence.

Tune in to Part 2 of Christiane Amanpour's ABC News special, "Back to the Beginning," which explores the history of the Bible from Genesis to Jesus, on Friday, Dec. 28 at 9 p.m. ET on ABC.

Christian scripture says Moses was content to grow old with his family in the vast deserted wilderness of Midian, and 40 years passed until the Bible says God spoke to him through the Burning Bush and told him to lead his people, the Israelites, out of Egypt. According to tradition, that miraculous bush can still be seen today enclosed within the ancient walls of St. Catherine's Monastery, located not far from Moses' hometown.

But there was another figure in the ancient world who gave up everything to answer the call from what he believed was the one and only true God.

Archaeologists discovered the remains of the ancient city of Amarna in the 1800s. Egyptologist Rawya Ismail, who has been studying the ruins for years, believes, as other archaeologists do, that Pharaoh Akhenaten built the city as a tribute to Aten, the sun.

G.Sioen/De Agostini/Getty Images

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She said it was a bold and unusual step for the pharaoh to leave the luxurious trappings of palace life in Luxor for the inhospitable landscape of Amarna, but it might have been his only choice as the priests from the existing religious establishment gained power.

"The very powerful Amun-Ra priests that he couldn't stand against gained control of the whole country," Ismail said. "The idea was to find a place that had never been used by any other gods -- to be virgin is what he called it -- so he chose this place."

All over the walls inside the city's beautiful tombs are examples of Akhanaten's radical message of monotheism. There is the Hymn to the Aten, which translates, in part, to: "The earth comes into being by your hand, as you made it. When you dawn, they live. When you set, they die. You yourself are lifetime, one lives by you."

PHOTOS: Christiane Amanpour's Journey 'Back to the Beginning'

Some attribute the writing of the hymn to Akhanaten himself, but it bears a striking resemblance to a passage that can be found in the Hebrew Bible: Psalm 104.

"If you compare the hymns from A to Z, you'll find mirror images to it in many of the holy books," Ismail said. "And if you compare certain parts of it, you'll find it almost exactly -- a typical translation for some of the [psalms] of David."

Psalm 104, written a few hundred years later, references a Lord that ruled over Israel and a passage compares him to the sun.

"You hide your face, they are troubled," part of it reads. "You take away your breath, they die, And return to dust. You send forth your breath, they are created, And you renew the face of the earth."

Like the psalm, the Hymn to Aten extols the virtues of the one true God.

"A lot of people think that [the Hymn to Aten] was the source of the [psalms] of David," Ismail said. "Putting Egypt on the trade route, a lot of people traveled from Egypt and came back to Egypt, it wasn't like a country living in isolation."

Ismail believes it is possible that the message from the heretic pharaoh has some connection to the story of Moses and the Exodus, as outlined in the Hebrew Bible.

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As ‘fiscal cliff’ deadline nears, OPM updates furlough guidelines

With talks on averting the “fiscal cliff” apparently stalled, the Office of Personnel Management posted new guidance to federal workers for administrative furloughs on its Web site Thursday afternoon.

“We wanted to take some prudent steps to keep federal employees informed in case of an order for sequestration,” said Thomas Richards, OPM’s communications director.

He added that the guidelines were not issued as “a reaction to any specific action” involving the talks between President Obama and congressional leaders.

“It’s nothing more than that,” Richards said.

Nonetheless, after months of the White House expressing confidence that the standoff would be resolved before a crisis hit and that furloughs would be unnecessary, the guidance reflects the reality that little time remains on the calendar to avert the automatic cuts that will be triggered by a failure to reach a deal by the year’s end.

Obama returned to Washington from Hawaii on Thursday in an effort to keep the talks alive. As the deadline approaches, federal workers have grown increasingly worried about the potential threat to their jobs.

The guidance notes that “agencies are responsible for identifying the employees affected by administrative furloughs based on budget conditions, funding sources, mission priorities (including the need to perform emergency work involving the safety of human life or protection of property), and other factors.”

Employees will be given a minimum 60-day notice before any furlough of longer than 22 days takes place, according to the document. A 30-day notice will be given for shorter furloughs.

The guidance also specifies that employees may not take other forms of paid time off, including annual or sick leave, in lieu of being furloughed. Nor is an employee allowed to volunteer to do his or her job for free, unless otherwise authorized by law.

The guidelines are updated from a previous version issued in April by OPM in response to the possibility of a government shutdown at the time.

“The policy folks are diving down deep into the weeds,” Richards said. “We wanted to make sure the guidelines were up to date to reflect the possibility of sequestration.”

Richards said the OPM will soon post answers to frequently asked questions on the agency’s Web site (opm.gov/furlough).

“It will be questions like, ‘Do I need to show up for work on January 2nd? Yes, you do,’ ” Richards said.

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US probes HP's Autonomy fraud allegations

WASHINGTON: US authorities are probing allegations by Hewlett-Packard that a British software firm it bought out had fraudulent accounts, the US tech giant said in its annual report released on Thursday.

On November 20, HP reported a writedown of $8.8 billion, including more than $5 billion it attributed to inflated data from Autonomy, acquired by HP in 2011 for more than $10 billion.

The Californian firm demanded US and British authorities investigate Autonomy, saying "accounting improprieties" before the acquisition led to an "overvalued" acquisition price, which forced HP to take the huge writedown in value.

"On November 21, 2012, representatives of the US Department of Justice advised HP that they had opened an investigation relating to Autonomy," HP said, in its report filed with the US Securities and Exchange Commission.

HP said it had also provided information to the UK Serious Fraud Office and the US Securities and Exchange Commission "related to the accounting improprieties, disclosure failures and misrepresentations at Autonomy that occurred prior to and in connection with HP's acquisition of Autonomy."

"HP is cooperating with the three investigating agencies," it said.

HP's call for a probe came in November as it reported a $6.9 billion quarterly loss, of which $5.5 billion was linked to Autonomy and the rest to the slumping value of HP's own share price.

HP said at the time it had launched an internal investigation "after a senior member of Autonomy's leadership team came forward."

As a result, HP said it believed "that Autonomy was substantially overvalued at the time of its acquisition."

- AFP/al

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Varun Gandhi likely to contest Lok Sabha 2014 from Sultanpur

LUCKNOW: Pilibhit MP of the Bharatiya Janata Party Varun Gandhi might contest 2014 Lok Sabha election from Sultanpur-the constituency adjoining Amethi represented by his cousin Congress general secretary Rahul Gandhi. Congress' Sanjay Singh is the sitting MP from Sultanpur.

So far, two things have actually given credence to the speculation that Varun might contest from Sultanpur. A team of around 24 persons from the BJP has visited all five assembly segments falling in the constituency to mobilise youth in favour of Varun's candidature.

Also, there are posters of Varun everywhere that read, 'Naam wahi jo kaam karaye, Sultanpur ka samman badhaye'. During a rally in 2009, Varun had announced that he would, one day, turn Sultanpur into his 'karmabhoomi' (ground of action).

It seems BJP's plan for Uttar Pradesh would be full of surprises this time - from Varun shifting to Sultanpur to Rajnath switching over from his Ghaziabad constituency and Narendra Modi contesting from Lucknow.

Varun told TOI: "Sultanpur has been my father's political ground, so I don't have to start afresh. There is no need for any survey, as I understand the constituency well."

About the team propagating his candidature, Varun said they were locals. On whether he had decided to contest from Sultanpur, Varun said it would not be right to say anything on this count as election was still a year away.

In 1984, former prime minister Rajiv Gandhi and father of Rahul Gandhi was pitted against his sister-in-law and Varun's mother Maneka Gandhi in the election that took place after Indira Gandhi's death, Rajiv won by a huge margin defeating Maneka, who wanted to establish her claim to her late husband Sanjay's legacy.

In 1977, former prime minister Indira Gandhi's son Sanjay Gandhi had contested from Amethi, which was then part of Sultanpur district. Amethi is from where both Sanjay and Rajiv Gandhi started their political careers.

Sanjay's was a debut that didn't happen because of the Emergency. He lost to Ravindra Pratap Singh of the Janata Party by a few thousand votes. However, he bounced back in the '80 elections, defeating Singh this time.

After Sanjay's death, Indira persuaded Rajiv to help her and in June 1981, he entered politics formally getting elected to the Lok Sabha from Amethi. Since then, Amethi has been the battleground for major showdowns.

Yet another showdown, will it be?

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How to Live to a Ripe Old Age

Cento di questi giorni. May you have a hundred birthdays, the Italians say, and some of them do.

So do other people in various spots around the world—in Blue Zones, so named by National Geographic Fellow Dan Buettner for the blue ink that outlines these special areas on maps developed over more than a decade. (National Geographic News is part of the National Geographic Society.)

In his second edition of his book The Blue Zones, Buettner writes about a newly identified Blue Zone: the Greek island of Ikaria (map). National Geographic magazine Editor at Large Cathy Newman interviewed him about the art of living long and well. (Watch Buettner talk about how to live to a hundred.)

Q. You've written about Blue Zones in Sardinia, Italy; Loma Linda, California; Nicoa, Costa Rica and Okinawa, Japan. How did you find your way to Ikaria?

A. Michel Poulain, a demographer on the project, and I are always on the lookout for new Blue Zones. This one popped up in 2008. We got a lead from a Greek foundation looking for biological markers in aging people. The census data showed clusters of villages there with a striking proportion of people 85 or older. (Also see blog: "Secrets of the Happiest Places on Earth.")

In the course of your quest you've been introduced to remarkable individuals like 100-year-old Marge Jetton of Loma Linda, California, who starts the day with a mile-long [0.6-kilometer] walk, 6 to 8 miles [10 to 13 kilometers] on a stationary bike, and weight lifting. Who is the most memorable Blue Zoner you've met?

Without question it's Stamatis Moraitis, who lives in Ikaria. I believe he's 102. He's famous for partying. He makes 400 liters [100 gallons] of wine from his vineyards each year, which he drinks with his friends. His house is the social hot spot of the island. (See "Longevity Genes Found; Predict Chances of Reaching 100.")

He's also the Ikarian who emigrated to the United States, was diagnosed with lung cancer in his 60s, given less then a year to live, and who returned to Ikaria to die. Instead, he recovered.

Yes, he never went through chemotherapy or treatment. He just moved back to Ikaria.

Did anyone figure out how he survived?

Nope. He told me he returned to the U.S. ten years after he left to see if the American doctors could explain it. I asked him what happened. "My doctors were all dead," he said.

One of the common factors that seem to link all Blue Zone people you've spoken with is a life of hard work—and sometimes hardship. Your thoughts?

I think we live in a culture that relentlessly pursues comfort. Ease is related to disease. We shouldn't always be fleeing hardship. Hardship also brings people together. We should welcome it.

Sounds like another version of the fable of the grasshopper and the ant?

You rarely get satisfaction sitting in an easy chair. If you work in a garden on the other hand, and it yields beautiful tomatoes, that's a good feeling.

Can you talk about diet? Not all of us have access to goat milk, for example, which you say is typically part of an Ikarian breakfast.

There is nothing exotic about their diet, which is a version of a Mediterranean diet, which emphasizes vegetables, beans, fruit, olive oil, and moderate amounts of alcohol. (Read more about Buettner's work in Ikaria in National Geographic Adventure.)

All things in moderation?

Not all things. Socializing is something we should not do in moderation. The happiest Americans socialize six hours a day.

The people you hang out with help you hang on to life?

Yes, you have to pay attention to your friends. Health habits are contagious. Hanging out with unhappy people who drink and smoke is hazardous to your health.

So how has what you've learned influenced your own lifestyle?

One of the big things I've learned is that there's an advantage to regular low-intensity activity. My previous life was setting records on my bike. [Buettner holds three world records in distance cycling.] Now I use my bike to commute. I only eat meat once a week, and I always keep nuts in my office: Those who eat nuts live two to three more years than those who don't.

You also write about having a purpose in life.

Purpose is huge. I know exactly what my values are and what I love to do. That's worth additional years right there. I say no to a lot of stuff that would be easy money but deviates from my meaning of life.

The Japanese you met in Okinawa have a word for that?

Yes. Ikigai: "The reason for which I wake in the morning."

Do you have a non-longevity-enhancing guilty pleasure?

Tequila is my weakness.

And how long would you like to live?

I'd like to live to be 200.

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Gen. 'Stormin' Norman Schwarzkopf Dead at 78

H. Norman Schwarzkopf, the retired general credited with leading U.S.-allied forces to a victory in the first Gulf War, died today at age 78.

The man who Defense Secretary Leon Panetta today called "one of the great military giants of the 20th century" died in Tampa, Fla., where he lived in retirement, the Associated Press reported.

"The men and women of the Department of Defense join me in mourning the loss of General Norman Schwarzkopf, whose 35 years of service in uniform left an indelible imprint on the United States military and on the country," Panetta said in a statement. "My thoughts and prayers are with the Schwarzkopf family in this time of sadness and grief."

Schwarzkopf, called "Stormin' Norman" because of his reportedly explosive temper, led America to two military victories: a small one in Grenada in the 1980s and a big one as de facto commander of allied forces in the Gulf War in 1991.

"'Stormin' Norman' led the coalition forces to victory, ejecting the Iraqi Army from Kuwait and restoring the rightful government," read a statement by former Secretary of State Colin Powell, who was chairman of the Joint Chiefs of Staff during the Gulf War. "His leadership not only inspired his troops, but also inspired the nation."

WATCH: Gen. Norman Schwarzkopf to Saddam Hussein: 'Get Outta Town'

Schwarzkopf's success during that fight, also known as Operation Desert Storm, came under President George H.W. Bush, who through his office today mourned "the loss of a true American patriot and one of the great military leaders of his generation."

Gen. Norman Schwarzkopf to Saddam Hussein: 'Get Outta Town' Watch Video

Gen. Schwarzkopf's '5 Minutes of Unimportant Questions' Watch Video

George H.W. Bush Hospitalized in ICU After 'Setbacks' Watch Video

"Gen. Norm Schwarzkopf, to me, epitomized the 'duty, service, country' creed that has defended our freedom and seen this great nation through our most trying international crises," Bush said. "More than that, he was a good and decent man -- and a dear friend."

Bush's office released the statement though the former president, himself, was ill, hospitalized in Texas with a stubborn fever and on a liquids-only diet.

The current White House occupant, President Obama, also memorialized Schwarzkopf, declaring him "an American original" who "stood tall for the country and Army he loved."

The future four-star general was born Aug. 24, 1934, in Trenton, N.J.

Schwarzkopf's father, who shared his name, directed the investigation of the Lindbergh baby kidnapping as head of the New Jersey State Police, later becoming a brigadier general in the U.S. Army.

Schwarzkopf was raised as an army brat in Iran, Switzerland, Germany and Italy, following in his father's footsteps to West Point, earning an engineering degree and being commissioned as a second lieutenant in 1956.

WATCH: Gen. Schwarzkopf's '5 Minutes of Unimportant Questions'

He earned three Silver Stars for bravery during two tours in Vietnam, gaining a reputation as an opinionated, plain-spoken commander with a sharp temper who would risk his own life for his soldiers.

"He had volunteered to go to Vietnam early just so he could get there before the war ended," said former Army Col. William McKinney, who knew Schwarzkopf from their days at West Point, according to ABC News Radio.

In 1983, as a newly-minted general, Schwarzkopf once again led troops into battle in President Reagan's invasion of Granada, a tiny Caribbean island where the White House saw American influence threatened by a Cuban-backed coup.

But he gained most of his fame in Iraq, where he used his 6-foot-3, 240-pound frame and fearsome temper to drive his forces to victory.

"He was known as a soldier's general," said retired Maj. Gen. Donald Shepperd, as he explained the "Stormin' Norman" nickname to ABC News Radio. "In other words, he really liked the troops and was soft on the troops. But boy, on his general officers, his officers, his NCO's, he was very, very tough and he had a real quick temper."

PHOTOS: In Memoriam: People We Lost in 2012

Gruff and direct, Schwarzkopf said during the Gulf War that his goal was to win the war as quickly as possible and with a focused objective: getting Iraq out of Kuwait.

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Hawaii’s lieutenant governor is named to the U.S. Senate

Hawaii Gov. Neil Abercrombie (D) selected Lt. Gov. Brian Schatz on Wednesday to fill the vacancy created by the death last week of veteran U.S. Sen. Daniel K. Inouye (D).

With the “fiscal cliff” five days away and critical decisions facing the Senate, the White House said Schatz would fly to Washington on Wednesday evening with President Obama. Schatz said he would be in place to be sworn in Thursday.

Abercrombie chose Schatz, 40, a former state Democratic Party chairman and state lawmaker, over U.S. Rep. Colleen W. Hanabusa (D), whom Inouye had indicated shortly before his death would be his preference to replace him.

“No one and nothing is pre­ordained,” Abercrombie told reporters in Hono­lulu. He said Inouye’s views were taken into account but so were those of grass-roots activists and his own analysis of what was best for the state.

He said Schatz, a native of Michigan, was best positioned to help Hawaii begin to rebuild its congressional seniority.

He called Schatz “intelligent, forceful, insightful, committed.”

Schatz will be joined in the Senate next month by Rep. Mazie K. Hirono (D), who was elected in November to replace retiring Sen. Daniel K. Akaka (D).

The pair of newcomers will replace one of the nation’s most stable lawmaking teams: A modest World War II hero, Inouye had represented the Aloha State in the Senate since 1963, becoming president pro tempore of the chamber and chairman of the powerful Appropriations Committee. Akaka has served in the Senate since 1980.

Schatz will hold the job for two years until Hawaii voters choose a replacement to fill out the final two years of Inouye’s term.

Schatz, who will be one of the Senate’s youngest members, told reporters that he is planning to stand for election in 2014 to complete Inouye’s term and then to run for reelection in 2016.

“No one can fill Senator Daniel K. Inouye’s shoes — but together, all of us, we can try to walk in his footsteps,” Schatz said, indicating he would focus on retaining federal funding for the state and addressing climate change.

The selection of Schatz was something of a surprise, given Inouye’s wishes and the esteem with which he is held in the state. But Abercrombie is close to Schatz and indicated that he was hesitant to choose Hanabusa and force a new special election to fill her House seat.

Jennifer Sabas, Inouye’s chief of staff, indicated in a statement that Hanabusa’s selection was ­Inouye’s “final wish.”

“While we are very disappointed that it was not honored, it was the governor’s decision to make. We wish Brian Schatz the best of luck,” she said.

Rising Democratic star Tulsi Gabbard, 31, an Iraq war veteran and former Hono­lulu City Council member who was elected to the House in November, had some strong supporters nationally, including Newark Mayor Cory Booker, who endorsed her for the Senate seat via Twitter.

The appointment of Schatz came at a particularly critical time, with Democratic leaders anticipating a potentially close vote in the coming days on a tax plan designed to avert the most serious economic impacts of the year-end fiscal cliff.

In the absence of a broad, bipartisan deficit-reduction package, Obama has called on Congress to at least pass a bill to extend tax breaks for the middle class and potentially forestall automatic budget cuts set to hit in January.

Democrats hope that Republicans will agree to forgo a filibuster and allow an up-or-down vote on a temporary fix, requiring only a bare majority to pass. If the GOP requires a 60-vote threshold for the bill, as has increasingly become standard in the Senate, Democrats hope that a handful of Republicans would join Democrats in supporting the measure and send it to the House.

Either way, Democrats will need every vote they can muster if the legislation is brought to the floor. A bill passed by the Senate in July to extend tax rates first enacted under President George W. Bush for those making less than $250,000 a year was adopted by a narrow 51 to 48 margin.

All Republicans opposed the measure, along with Sens. James Webb (D-Va.) and Joseph I. Lieberman (I-Conn.).

With tax hikes set to hit virtually every American in a matter of days, a similar measure could pick up additional support this time around. But the possibility of a squeaker vote led Senate Majority Leader Harry M. Reid (D-Nev.) to take the unusual step of urging Abercrombie to fill the Hawaii seat quickly.

“It is critically important to ensure that the people of Hawaii are fully represented in the pivotal decisions the Senate will be making before the end of the year,” Reid said in a statement Saturday.

Hawaii law required that Abercrombie choose a replacement from a list of three finalists selected by the state Democratic Party.

The party’s central committee met Wednesday — several days earlier than had been planned before Reid’s request for speed — to hear two-minute speeches from most of the 14 candidates who had formally asked the party to consider them for the role.

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North Korea's China trade nearly triples in 4 years

SEOUL: North Korea's trade with China has nearly tripled since 2007, according to data published by South Korea, underlining the isolated state's deepening dependence on its only major ally.

Bilateral trade jumped from $1.97 billion in 2007 to $5.6 billion last year, Statistics Korea said, with North Korean exports accounting for $2.44 billion against imports from China of $3.16 billion.

Statistics Korea releases the annual data based on figures from trade and economic organisations at home and abroad. The North does not report economic data.

Trade with China as of last year accounted for 70.1 percent of the North's entire trade of $8.0 billion, up from 41.7 percent in 2007.

During the same period, trade with South Korea -- the North's second-biggest partner -- fell from $1.79 billion to $1.71 billion.

Cross-border relations have been on ice since outgoing President Lee Myung-Bak, known for his hawkish stance towards the communist North, took office in 2008.

Lee suspended humanitarian aid to the North in 2010 and tied any resumption to progress on resolving the issue of Pyongyang's nuclear programme.

Inter-Korea commerce, which accounted for 38 percent of the North's total trade in 2007, was down to 21 percent last year.

Apparently fearful of the consequences of North Korea collapsing, China has pumped in fuel and aid to its neighbour for years.

The nuclear-armed North is subject to international sanctions imposed after its nuclear tests in 2006 and 2009, and those may be tightened or expanded following its successful long-range rocket launch earlier this month.

Pyongyang said the launch was a purely scientific mission, but most of the world condemned it as a disguised ballistic missile test that violated existing UN resolutions.

- AFP/al

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Gulvez thought NCC would help him become a cop

NEW DELHI: By the time Gulvez Ahmad reached the final year of his B Com Honours course, he had changed his mind. He had joined the NCC in school thinking it would boost his chances in a career in policing . But when his father, Kafeel Ahmad, saw him off on December 21, he was looking forward finishing college and joining an MBA programme . Ahmad was one of the five students from the Delhi unit of the National Cadet Corps who drowned in the Periyar at Kochi on Wednesday . The others are Dilshad Alam, Tabish Baqri, Mohammad Zeeshan and Hemanth Kumar.

"He was called Hafiz," says Ahmad's uncle, Faheemuddin, "It means one who has learnt the Quran by heart. He was austere like a maulavi" But Ahmad, a student of Shaheed Bhagat Singh College , was a sharp one as well. Neighbours say he brought home awards and shields, was the "brightest of them all" and was expected to shine more. The news reached his home in Old Govindpura before his father, an embroiderer , did. "He was so young. I even accompanied to the railway station the day he left," says an inconsolable Kafeel Ahmad. Of the 96 cadets attending the trekking camp in Kochi, 53 were from Delhi.

"We've been trying to talk to him on the phone since morning but somebody would disconnect. In the evening, his mobile was switched off," says Dilshad Alam's mother. Dilshad's family was told that two of the five kids had slipped into the river and the other three had been trying to rescue them. "Dilshad could not swim," says his sister Ayesha Jabeen. He, along with Tabish and Zeeshan were engineering students at Jamia Millia Islamia University . Tabish and Zeeshan, were from Uttar Pradesh; Dilshad's family, is based close to the university , in Zakir Nagar. Alam's mother always checked on him when he went out on trips and this was his first one out of the state with the NCC. His father, Khursheed Alam, doesn't hold a steady job and is away most of the time. There was a lot riding on Dilshad's engineering degree.

Baqri came to Delhi from Amroha in Uttar Pradesh three years ago. His younger brother Danish - Baqri was one of six siblings - is concerned about the arrival of his body. "He called us four to five days ago to tell us he is leaving for the trip. My parents are devastated . They have fallen silent," says Danish. They heard of the tragedy on Wednesday evening. Mohammad Zeeshan, another engineering student at Jamia, was from Uttar Pradesh too. The only school student among the casualties was Hemanth Kumar, a student of Government Boys Senior Secondary School at GBlock , Kalkaji.

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Space Pictures This Week: Green Lantern, Supersonic Star

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  Green Lantern

  Image courtesy Caltech/SSI/NASA

  Another glorious, backlit view of the planet Saturn and its rings has been captured by NASA's Cassini spacecraft, as seen in a picture released December 18.

  On October 17, during its 174th orbit around the gas giant, Cassini was deliberately positioned within Saturn's shadow, "a perfect location from which to look in the direction of the sun and take a backlit view of the rings and the dark side of the planet," according to NASA.

  (Related: "Ten Best Pictures From NASA's Cassini Probe—Saturn, More.")

  Published December 26, 2012

  
  











• 
  
  
  
  
  
  
  

  Starry Night

  Photograph by Wally Pacholka, TWAN

  The Milky Way glitters over Yosemite, California, in a picture taken December 14 and submitted to the astronomy-education project The World at Night (TWAN).

  Our galaxy is far larger, brighter, and more massive than most other galaxies. From end to end, the Milky Way's starry disk, observable with the naked eye and through optical telescopes, spans 120,000 light-years.

  (See Milky Way pictures inNational Geographic magazine.)

  Published December 26, 2012

  
  











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  Celestial Ornament

  Image courtesy G. Bacon, STScI/ESA/NASA

  The Hubble Space Telescope has spied a nearby planetary nebula that resembles a holiday ornament wrapped in a ribbon, as seen in a picture released December 18.

  Planetary nebulae such as NGC 5189 represent the final brief stage in the life of a medium-size star like our sun.

  (See more nebula pictures.)

  Published December 26, 2012

  
  











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  It's a Bird, It's a Plane

  Photograph by Shamil Zhumatov, Reuters

  A Russian Soyuz spacecraft carries U.S. astronaut Thomas Marshburn, Russian cosmonaut Roman Romanenko, and Canadian astronaut Chris Hadfield to the International Space Station on December 19.

  While floating some 240 miles (390 kilometers) above Earth's surface, the space station has hosted a rotating international crew since November 2000.

  (See our space-exploration timeline.)

  Published December 26, 2012

  
  











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  Martian Hazard

  Image courtesy Caltech/NASA

  Still not home for the holidays, NASA's Mars rover Opportunity keeps plugging away on the red planet's surface.

  Here, the rover's hazard camera scans a target called Onaping at the base of Copper Cliff in the Endeavor crater. At least Opportunity calls home.

  (See "Mars Rover Detects Simple Organic Compounds.")

  Published December 26, 2012

  
  











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  Jewel Box

  Photograph by Rolf Olsen, Your Shot

  A star cluster named Jewel Box sparkles in a picture submitted to the Your Shot photo community on December 18.

  Visible as a faint smudge with the naked eye under dark skies, the Jewel Box is located 6,440 light-years away towards the constellation Crux, or the Southern Cross. The bright orange star in the centre of the cluster is known as Kappa Crucis.

  (See another picture of Jewel Box.)

  Published December 26, 2012

  
  











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  Supersonic Star

  Image courtesy Caltech/NASA

  The giant star Zeta Ophiuchi is having a "shocking" effect on surrounding dust clouds in this infrared image from NASA's Spitzer Space Telescope, released on December 18.

  Stellar winds flowing out from this fast-moving star are making ripples in the dust, creating a bow shock seen as glowing gossamer threads only visible in infrared.

  Published December 26, 2012

  
  











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  Image courtesy Jesse Allen, EO-1/USGS/NASA

  Published December 26, 2012

  
  

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Toyota Agrees to $1B Settlement in Acceleration Case

Toyota has agreed to pay more than $1 billion to customers to settle a class action lawsuit that alleged its vehicles accelerated dangerously and without warning, according to statements by the carmaker and the plaintiffs' attorney.

The deal, which still needs approval by a federal judge in California, includes a $250 million fund to be paid to Toyota owners who sold their cars at a loss following reports of vehicle malfunctions, as well as the installation of a brake override system in about 3.25 million vehicles

An additional $250 million fund will be created to pay those owners whose vehicles are not eligible for the retrofitted brakes.

David Zalubowski/AP PHoto

Toyota recalled more than 14 million vehicles after reports of sudden, unexplained acceleration in several models began to surface between 2009 and 2010. There were also reports of brake problems with the Prius hybrid.

Toyota insists that it was not an electrical flaw that caused the acceleration problems, but driver error, floor mats and sticky gas pedals.

Both the National Highway Traffic Safety Administration and NASA have said there is nothing in wrong with programs that run the vehicles' onboard computers

"From the very start, this was a challenging case," said Steve Berman, the plaintiffs' lawyer. "We brought in automotive experts, physicists and some of the world's leading theoreticians in electrical engineering to help us understand what happened to drivers experiencing sudden acceleration."

The settlement also includes $30 million to be given to outside groups to study automotive safety.

In a statement, Toyota agreed to the deal.

"In keeping with our core principles, we have structured this agreement in ways that work to put our customers first and demonstrate that they can count on Toyota to stand behind our vehicles." said Toyota spokesman Christopher P. Reynolds.

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Democrats push for tax cuts they once opposed

Democrats seeking a deal to avert the year-end “fiscal cliff” are trying to etch into stone the signature economic achievement of Republican President George W. Bush by permanently extending tax cuts enacted during his tenure.

President Obama has put the extension of the tax cuts for most Americans at the top of his domestic agenda, a remarkable turnaround for Democrats, who had staunchly opposed the tax breaks when they were written into law about a decade ago.

With Obama leaving his Hawaii vacation for Washington on Wednesday and lawmakers returning Thursday, the main dividing line between Republicans and Democrats has come down to whether tax rates should increase for top earners at the end of the year, when the Bush-era tax cuts are set to expire. While Republicans want to extend all the cuts, Democrats are pushing to maintain lower rates on household income below $250,000. Those lower rates significantly reduce the taxes of nearly all American households that earn less than $250,000 — and many who earn more, even if tax rates are allowed to increase on income above that figure.

While it is increasingly unlikely that the two parties will reach an agreement to avoid the fiscal cliff before Jan. 1, it is all but certain that their ultimate deal, whenever it comes, will make permanent the lower rates for most Americans.

R. Glenn Hubbard, dean of the Columbia Business School and an architect of the Bush tax cuts, said it is “deeply ironic” for Democrats to favor extending most of them, given what he called their “visceral” opposition a decade ago. Keeping the lower rates even for income under $250,000 “would enshrine the vast bulk of the Bush tax cuts,” he said.

Democrats say they have reconsidered their opposition to the Bush tax cuts for several reasons. The cuts were written into law from 2001 to 2003 after a decade in which most Americans saw robust income growth. Over the past decade, by contrast, median wages have declined, after adjusting for inflation, amid a weak economy. Allowing tax cuts for the middle class to expire would further reduce take-home pay.

“We’ve had these tax cuts in place since 2001. The world changes, and the economy is where it is,” said Steven Elmendorf, who was chief of staff to former House minority leader Richard A. Gephardt (D-Mo.), a primary opponent of the Bush tax cuts. “With people’s economic status, we should not be raising taxes on people earning under $250,000.”

What’s more, income inequality has been growing. Sparing the middle class higher taxes while requiring the wealthy to pay more would tip the scales slightly in the other direction.

“The reason there’s been this movement toward broad consensus on renewing the tax cut for working- and middle-class families is that will give us a sharper progressivity in the tax system that is very much desired by Democrats and progressives who’ve seen an income distribution more and more distorted toward the wealthy,” said Betsey Stevenson, former chief economist in Obama’s Labor Department and a professor at the University of Michigan, who added that taxes may have to rise even more than currently contemplated to meet the country’s needs.

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Myanmar probes deadly plane crash-landing

HEHO, Myanmar: Myanmar was on Wednesday probing the cause of an air accident that left two people dead and 11 injured when a passenger jet packed with foreign tourists crash-landed and caught fire.

The incident raised fresh questions about the safety standards of Myanmar's fast-growing but overstretched aviation and tourist industries as foreign visitors flock to the country which is emerging from decades of junta rule.

The ageing Fokker 100 jet came down in heavy fog Tuesday in a field short of the runway at Heho airport -- the gateway to the popular tourist destination of Inle Lake -- breaking its tail and catching fire, according to officials.

One Burmese tour guide on board was killed along with a motorcyclist on the ground. The government earlier said an 11-year-old passenger had died but it appeared to be a case of mistaken identity.

The airline said the injured included two Americans who were flown to Bangkok for treatment, as well as two Britons, one Korean man and the two pilots.

"We are still working to find out the cause," Civil Aviation Department deputy director general Win Swe Tun, who is heading the investigation into the crash, told AFP at Heho airport.

He said the plane appeared to have hit a power cable while approaching the runway.

"Seventy of the 71 people on board survived and one died -- it's very rare," he added.

Air Bagan, which described the accident as an "emergency landing", said it had retrieved the plane's black box data recorder.

One eyewitness said flames were already spewing from the plane before it crash-landed.

"We followed the plane as it flew on fire," said 27-year-old villager Phoe La Pyae.

"When we saw the plane, the wing was broken already," he said. "It was so lucky. If the emergency exit had not been opened, no one would have survived".

"We helped to send some seriously injured people to hospital. Their skin was burnt because of fire. Foreigners seemed really scared about what happened," he added.

The body of the aircraft was almost entirely burned while part of a wing was seen lying next to a nearby road, according to an AFP reporter at the scene.

The carrier said 26 passengers were flown to Yangon on a special flight Tuesday and taken to hospital for examination while others would follow.

"Air Bagan deeply regret the deaths of two persons and tender its condolences to the bereaved families," the airline said in an English-language statement posted on its Facebook page.

"Air Bagan in collaboration with the Ministry of Transport is investigating into the cause of the accident. We will take full responsibility for all passengers and will release further information as we received it."

The airline is one of several domestic carriers seeking to profit from a tourist boom in Myanmar as it emerges from decades of military rule.

It is owned by tycoon Tay Za, who is known for his close links to the former junta and has been blacklisted by the US Treasury which once described him as "a notorious regime henchman and arms dealer".

The Fokker 100, which is no longer manufactured, was one of two operated by the airline along with four ATR turboprop aircraft, according to the company's website.

A surge in demand for air travel as Myanmar opens up has stretched the impoverished country's aviation infrastructure, in particular in remote airports.

- AFP/ck

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Home ministry announces Rs 10 lakh ex-gratia for family of dead constable Subhash Tomar

NEW DELHI: The home ministry announced on Wednesday an ex-gratia of Rs 10 lakh to the next of kin of Delhi Police constable Subhash Chand Tomar, who died here on Tuesday morning.

An ex-gratia of Rs 10 lakh will be given to the family of Tomar in addition to the financial and other relief announced by the Delhi Police, a home ministry spokesperson said.

The 47-year-old constable, who was injured during violent protests at India Gate on Sunday, died on Tuesday after battling for life in a city hospital.

Tomar was posted in Karawal Nagar area and was called for maintaining law and order at India Gate area during the weekend protests over the gangrape of a 23-year-old girl.

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Photos: Humboldt Squid Have a Bad Day at the Beach

Photograph by Chris Elmenhurst, Surf the Spot Photography

“Strandings have been taking place with increased frequency along the west coast over the past ten years,” noted NOAA’s Field, “as this population of squid seems to be expanding its range—likely a consequence of climate change—and can be very abundant at times.” (Learn about other jumbo squid strandings.)

Humboldt squid are typically found in warmer waters farther south in theGulf of California (map) and off the coast ofPeru. “[But] we find them up north here during warmer water time periods,” said ocean sciences researcherKenneth Bruland with the University of California, Santa Cruz (UCSC).

Coastal upwelling—when winds blowing south drive ocean circulation to bring cold, nutrient-rich waters up from the deep—ceases during the fall and winter and warmer water is found closer to shore. Bruland noted that climate change, and the resulting areas of low oxygen, “could be a major factor” in drawing jumbo squid north.

Published December 24, 2012

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Christmas Tornadoes Tear Across South

A nasty Christmastime storm system spawned blizzard conditions in some states and at least 15 reported tornadoes in the South, damaging homes, taking out power lines and dangerously snarling holiday travel.

Severe weather swept across the United States during the Christmas holiday, bringing tornadoes and intense thunderstorms to the Gulf Coast, while dumping heavy snow and freezing rain on the Southern Plains.

At least 15 tornadoes were reported today from Texas to Alabama, putting this storm system potentially on track to be one of the largest Christmas day tornado outbreaks on record.

One large tornado was reported in Mobile, Ala., where there are about 19,000 customers without power and 23,429 statewide, according to Alabama Power. Kerry Burns, a Mobile resident originally from Boston, said the storm "sounded like a freight train."

Some buildings in the area, including some churches and a local high school, were reportedly damaged. Ray Uballe, another Mobile resident, said his dad was shaken up.

"He was in his apartment," Uballe said. "He said it sounded like an airplane and then the door flung open and then there was just debris flying."

Douglas Mark Nix, president of the Infirmary Health System, said one of their Mobile hospitals lost power and sustained damage. There were no early reports of injuries to staff or patients.

"We are operating now on generator power," he said. "We do not have substantial damage but we do have a number of windows out and we have some ceiling tiles down, throughout the facility at the main hospital.

"We can run for at least two weeks but I saw power crews out all over the city so I fully expect power to be restored within the next day or so," Nix added.

Melinda Martinez/The Daily Town Talk/AP Photo

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At least eight states were issued blizzard warnings today, as the storms made highways dangerously slick heading into one of the busiest travel days of the year.

Oklahoma got about 7 inches of snow all over the state making for treacherous road conditions. ABC News affiliate KOCO-TV in Oklahoma City said the weather was being blamed for a 21-vehicle wreck on Interstate 40, but no one was seriously injured.

Ice accumulation in Arkansas bent trees and power lines, leaving at least 50,000 customers across the state without power. About 10 inches of snow fell on Fayetteville, Ark.

The storms, which first wreaked havoc on the West Coast before moving east, are being blamed for at least one death in Texas.

Investigators in the Houston area told ABC state KTRK-TV in Houston that a young man was trying to move a downed tree that was blocking the roadway when another one snapped and fell on top of him. He was later pronounced dead at a hopsital.

The last time a number of tornadoes hit the Gulf Coast area around Christmas Day was in 2009, when 22 tornadoes struck on Christmas Eve morning, National Weather Service spokesman Chris Vaccaro told ABC News over email.

The deadliest Christmastime tornado outbreak on record was Dec. 24 to 26, 1982, when 29 tornadoes in Oklahoma, Missouri, Arkansas, Tennessee and Mississippi killed three people and injured 32.

The last killer tornado around Christmas, Vaccaro said, was a Christmas Eve EF4 in Tennessee in 1988, which killed one person and injured seven. EF4 tornadoes can produce winds up to 200 mph.

No official word yet on the strength of the string of tornadoes reported today.

While some were preparing for a Christmas feast, others were hunkered down.

More than 180 flights nationwide were canceled by midday, according to the flight tracker FlightAware.com. More than half were canceled by American Airlines and its regional affiliate, American Eagle.

The storm system is expected to continue east into Georgia and the Carolinas Wednesday and could potentially spawn more tornadoes, according to the National Weather Service.

ABC News' Matt Gutman, Max Golembo and ABC News Radio contributed to this report.

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Federal workers feel unease over potential layoffs, furloughs unleashed by ‘fiscal cliff’

Federal employees have been skeptical for months that the biggest cuts to government spending in history could really happen. But with the “fiscal cliff” a week away, workers are now growing increasingly alarmed that their jobs and their missions could be on the line.

President Obama and members of Congress headed out of town late last week for a Christmas break without reaching a deal to avoid $110 billion in automatic across-the-board spending cuts, which would hamstring operations ranging from weather forecasting and air traffic control to the purchase of spare parts for weapons systems. So civil servants are bracing for the blow, wondering whether their work will be upended — and whether they may be forced to take unpaid days off.

“This could change day by day,” said Antonio Webb, 25, who works in the mail service that handles correspondence for the Department of Homeland Security. “You could come into work and the next day they say, ‘We don’t need you because we have to cut so much.’ ”

Many federal workers have become jaded after a two-year pay freeze and congressional fights over spending that keep agencies lurching from one stopgap budget to another. Until recently, few employees thought it could come to this: Budget cuts of 8 to 10 percent divided equally between military and domestic agencies. Only a few programs, like Social Security, veterans benefits and some services for the poor, are exempted.

“Sure, we continue to do our jobs,” said Carl Eichenwald, who works in enforcement at the Environmental Protection Agency. “But all of this uncertainty is disruptive for our mission. A lot of time gets spent spinning wheels. We won’t know whether we can do inspections. Do we have 100 percent of our budget, or 85 percent?”

Top congressional aides said Monday that discussions of how to avert the fiscal cliff had come to a virtual standstill. Obama and House Speaker John A. Boehner (R-Ohio) had not spoken since Friday.

Each side in the negotiations urged the other to come up with a way around the impasse. A senior Democratic aide said Boehner needs to return from the holiday with a “cleared head and a readiness to deal.” The aide said that there is no time for Democrats to unilaterally advance a bill in the Senate, adding that they can press forward with legislation only if they are assured by Republican leaders of GOP support.

A senior Senate Republican aide insisted, however, that it is now up to Senate Majority Leader Harry M. Reid (Nev.) and his fellow Democrats to figure out what they can pass in the Senate without worrying about the Republican-controlled House.

As the year-end deadline approaches, federal employees have been told very little by their bosses about how their agencies are preparing to carry out huge spending reductions.

“It seemed like we were almost immune to thinking that something real was going to come of it,” said Fernando Cutz, an analyst for the U.S. Agency for International Development.

Then came an e-mailed memo on Thursday from agency heads to employees. The cuts would be “significant and harmful to our collective mission.” Furloughs “or other personnel actions” — layoffs — remain a real possibility.

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Four jawans killed in shooting at Chhattisgarh CRPF camp

RAIPUR: Four CRPF jawans were killed and one was injured after their colleague opened fire at them in Chhattisgarh's Dantewada district.

The shooting occurred on Monday night at the camp of 111 CRPF Battalion when a jawan Deep Kumar Tiwari opened fire on the jawans who were sleeping, Dantewada SP Narendra Khare told .

While three jawans died on the spot, one died while being taken to hospital, Khare said, adding that the injured has been referred to a Jagdalpur hospital.

While the exact cause is being ascertained Khare said the accused was suffering from some "psychological problems".

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Photos: Humboldt Squid Have a Bad Day at the Beach

Photograph by Chris Elmenhurst, Surf the Spot Photography

“Strandings have been taking place with increased frequency along the west coast over the past ten years,” noted NOAA’s Field, “as this population of squid seems to be expanding its range—likely a consequence of climate change—and can be very abundant at times.” (Learn about other jumbo squid strandings.)

Humboldt squid are typically found in warmer waters farther south in theGulf of California (map) and off the coast ofPeru. “[But] we find them up north here during warmer water time periods,” said ocean sciences researcherKenneth Bruland with the University of California, Santa Cruz (UCSC).

Coastal upwelling—when winds blowing south drive ocean circulation to bring cold, nutrient-rich waters up from the deep—ceases during the fall and winter and warmer water is found closer to shore. Bruland noted that climate change, and the resulting areas of low oxygen, “could be a major factor” in drawing jumbo squid north.

Published December 24, 2012

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Newtown Christmas: 'We Know They'll Feel Loved'

People drawn to Newtown to share in its mourning brought cards and handmade snowflakes to town Monday while residents prepared to observe Christmas less than two weeks after a gunman killed 20 children and six educators at an elementary school.

On Christmas Eve, residents said they would light luminaries outside their homes in memory of the victims. Tiny empty Christmas stockings with the victims' names on them hung from trees in the neighborhood where the children were shot.

"We know that they'll feel loved. They'll feel that somebody actually cares," said Treyvon Smalls, a 15-year-old from a few towns away who arrived at town hall with hundreds of cards and paper snowflakes collected from around the state.

Organizers said they wanted to let the families of victims know they are not alone while also giving Connecticut children a chance to express their feelings about the shootings at Sandy Hook Elementary School.

At the Trinity Episcopal Church, less than 2 miles from the school, an overflow crowd of several hundred people attended Christmas Eve services. They were greeted by the sounds of a children's choir echoing throughout a sanctuary hall that had its walls decorated with green wreaths adorned with red bows.

The church program said flowers were donated in honor of Sandy Hook shooting victims, identified by name or as the "school angels" and "Sandy Hook families."

Julio Cortez, File/AP Photo

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The service, which generally took on a celebratory tone, made only a few vague references to the shooting. Pastor Kathie Adams-Shepherd led the congregation in praying "that the joy and consolation of the wonderful counselor might enliven all who are touched by illness, danger, or grief, especially all those families affected by the shootings in Sandy Hook."

Police say the gunman killed his mother in her bed before his Dec. 14 rampage and committed suicide as he heard officers arriving. Authorities have yet to give a theory about his motive.

While the grief is still fresh, some residents are urging political activism in the wake of the tragedy. A grassroots group called Newtown United has been meeting at the library to talk about issues ranging from gun control, to increasing mental health services to the types of memorials that could be erected for the victims. Some clergy members have said they also intend to push for change.

"We seek not to be the town of tragedy," said Rabbi Shaul Praver of Congregation Adath Israel. "But, we seek to be the town where all the great changes started."

Since the shooting, messages similar to the ones delivered Monday have arrived from around the world. People have donated toys, books, money and more. A United Way fund, one of many, has collected $3 million. People have given nearly $500,000 to a memorial scholarship fund at the University of Connecticut. On Christmas Day, police from other towns have agreed to work so Newtown officers can have the time off.

In the center of Newtown's Sandy Hook section Monday, a steady stream of residents and out-of-towners snapped pictures, lit candles and dropped off children's gifts at an expansive memorial filled with stuffed animals, poems, flowers, posters and cards.

"All the families who lost those little kids, Christmas will never be the same," said Philippe Poncet, a Newtown resident originally from France. "Everybody across the world is trying to share the tragedy with our community here."

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