Al Gore stands to gain about $70 million after selling Current TV to al-Jazeera



Al-Jazeera will pay about $500 million for Current TV, including the stake held by Gore, 64, according to two people with knowledge of the deal. The network is one of dozens of investments made by the former vice president since he lost the 2000 presidential race by a slim margin.


“It’s reeking with irony,” said Jeffrey Sonnenfeld, senior associate dean at the Yale School of Management, who studies corporate governance. “It seems to be at least a paradox in terms of his positions on sustainability and geopolitics.”

The deal highlights Gore’s makeover from career politician to successful businessman. His take from the Current TV sale is many times the maximum net worth of $1.7 million he reported while running for president in 1999. Besides investing in start-ups, Gore is on the board of Apple, an adviser to Google and a partner at Kleiner Perkins Caufield & Byers, according to his Web site biography.

“The green of money knows no political boundaries,” said Charles Elson, director of the John L. Weinberg Center for Corporate Governance at the University of Delaware. “When you are running investments, your priority needs to be maximizing return.”

Gore’s holdings also include investments in Amazon.com, eBay and Procter & Gamble through his Generation Investment Management.

Gore holds a 20 percent stake in Current TV, according to those with knowledge of the deal, who spoke on the condition of anonymity because the sale terms are not public. His proceeds are difficult to pin down because the company had $41.4 million in debt, as well as preferred stock entitled to $99.5 million in the event of a sale or liquidation, according to a 2008 regulatory filing.

The Current TV price represents a sevenfold increase from the $71 million that Gore and his partners paid for the predecessor company in 2004, according to the filing. Gore, chairman, and Joel Hyatt, a co-founder and chief executive officer, announced the sale on Wednesday, without providing financial terms.

Kalee Kreider, a spokeswoman for Gore, didn’t respond to a phone call or e-mail request for comment.

The network’s investors included funds controlled by Los Angeles billionaire Ron Burkle and San Francisco money manager Richard Blum, according to the 2008 filing, when the company unsuccessfully sought to sell stock to the public. Blum is married to Sen. Dianne Feinstein (D-Calif.).

The Raine Group advised Current TV on the sale. The owners introduced Current TV in 2005 after purchasing the network from Vivendi.

Al-Jazeera is closely held and receives some funding from the government of Qatar, a small country on the eastern side of the Arabian Peninsula that gets almost half of its gross domestic product from oil and gas, data compiled by Bloomberg show.

“Under Qatari law, Al Jazeera Media Network is incorporated as a private, non-profit company,” Charlotte Fouch, a spokeswoman, said in an e-mail. “Al Jazeera receives funding from the State of Qatar, much like other publicly funded broadcast networks.”

Last February, Gore said investors in oil and gas companies that ignore the cost of carbon dioxide emissions and other greenhouse gases are making a mistake similar to those who invested in subprime mortgages.

Most of Gore’s investments are made through Generation Investment Management, which he co-founded with former Goldman Sachs Group executive David Blood. The most recent regulatory filing lists about $3.6 billion under management in 29 publicly traded companies.

In addition, Generation Investment Management also has stakes in private ventures such as Nest Labs, a company formed by Apple alumni to create a thermostat that adapts to user behavior and saves money. The fund also backed Elon Musk’s SolarCity, a developer of rooftop solar power systems that went public last month.

In April, Gore’s fund was part of $110 million in venture capital invested in Harvest Power, a closely held company that produces renewable energy from waste such as food scraps.

He is also the author of the climate-change-focused best-sellers “Earth in the Balance,” “An Inconvenient Truth,” “The Assault on Reason” and “Our Choice: A Plan to Solve the Climate Crisis.” Gore was the co-recipient, with the Intergovernmental Panel on Climate Change, of the 2007 Nobel Peace Prize for “informing the world of the dangers posed by climate change,” according to his official biography.

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Tennis: Nishikori injury hands Murray berth in final






BRISBANE, Australia: Defending champion Andy Murray was handed a berth in the final of the Brisbane International on Saturday when Japan's Kei Nishikori retired from their semi-final with a knee injury.

Murray had taken the first set 6-4 and was up 2-0 in the second when Nishikori, who had treatment on his knee at the end of the first set, decided he couldn't continue and conceded the match.

The 25-year-old Murray will now play Grigor Dimitrov in Sunday's final after the rising Bulgarian star edged out Cyprus's Marcos Baghdatis 6-3, 5-7, 7-6 (7/5) in the first semi.

Nishikori started brilliantly against Murray and leapt out to a 4-1 lead before the reigning US Open champion began to find his range.

He quickly broke back then took control as Nishikori struggled with his movement around the court.

"I didn't know he was injured until late in the set," Murray said. "He was trying to play aggressively and keep the points short.

"When I made him play the ball more I had him in trouble."

Murray said he was relatively pleased at how he was playing a week out from the first Grand Slam of the year.

"I'm playing okay, a bit up and down," he said. "I served pretty well for the majority of the tournament.

"I've moved better every single match. Returning could have been better and my groundstrokes, I think with more matches, I'll start to hit them cleaner.

"When I've come up to the net I've volleyed relatively well... there is stuff for me to work on."

Dimitrov progressed after a thrilling win over 2006 Australian Open runner-up Baghdatis.

The young Bulgarian has been in superb form this week and looked on track for another convincing win after dominating the first set and going up an early break in the second.

But Baghdatis has always performed well in Australia and he began to trouble Dimitrov, putting enormous pressure on his opponent's serve with his aggressive returning.

Dimitrov's serve dropped off as Baghdatis raised his game and there was nothing between the two men as the third set went to a tiebreak.

Dimitrov got the early break at 4-2 when Baghdatis became unsettled by a time violation, only for the Cypriot to storm back and level proceedings at 5-5.

However, the 21-year-old Dimitrov won the next two points to make his first final on the ATP tour.

"I think it will be a fun match for me (against Murray), I have nothing to lose tomorrow," Dimitrov said.

"I just want to go out there and compose myself and say, 'Okay, it's your first final, don't be nervous at least'.

"I think it's going to be a good match."

- AFP/fa



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No respite from cold wave, Narnaul in Haryana shivers at 0°C

CHANDIGARH: There was no respite from bone chilling cold wave in Punjab and Haryana as minimum fell sharply by up to five notches below normal, throwing life out of gear in both states.

With intense cold wave sweeping northern region, Narnaul in Haryana recorded the ongoing winter season's lowest temperature at zero deg C, down by five degrees below normal.

As prevailing weather conditions hit the normal life in Punjab, Haryana and Union Territory of Chandigarh, MeT department in its forecast said the cold wave will continue for next 24 hours in both states with partly cloudy sky and foggy weather conditions.

Dense fog and mist which engulfed the region also hit the rail, road and air traffic, causing inconvenience to commuters.

Many trains were running either late for several hours or cancelled, while morning flights from Chandigarh airport were cancelled due to poor visibility, officials said here.

Chandigarh shivered at 4 deg C, down by one degree C below normal, the MeT office said here.

Hisar recorded minimum at 1.5 deg C, dipping by 4 notches below normal.

Ambala in Haryana battled cold at 3.5 deg C, down by three notches below normal, while Bhiwani had a low of 1.2 deg C. Karnal had a low of 2.6 deg C, down by 4 degrees below normal.

In Punjab, Ludhiana and Patiala braved cold at 4.9 deg C and 4.6 deg C while Amritsar had a low of 4 deg C, up by one deg above normal.

Maximum temperature in the region were also hovering below 10 deg C mark in most parts of Punjab and Haryana as maximum witnessed sharp drop of 13 deg C below normal on January 4.

Yesterday, Chandigarh had a maximum of 8.4 deg C, down by 13 notches below normal. Ambala and Amritsar has a maximum of 8 deg C and 8.2 deg C respectively.

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Best Pictures: 2012 Nat Geo Photo Contest Winners









































































































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Quadruple Amputee Gets Two New Hands on Life













It's the simplest thing, the grasp of one hand in another. But Lindsay Ess will never see it that way, because her hands once belonged to someone else.


Growing up in Texas and Virginia, Lindsay, 29, was always one of the pretty girls. She went to college, did some modeling and started building a career in fashion, with an eye on producing fashion shows.


Then she lost her hands and feet.


Watch the full show in a special edition of "Nightline," "To Hold Again," TONIGHT at 11:35 p.m. ET on ABC


When she was 24 years old, Lindsay had just graduated from Virginia Commonwealth University's well-regarded fashion program when she developed a blockage in her small intestine from Crohn's Disease. After having surgery to correct the problem, an infection took over and shut down her entire body. To save her life, doctors put her in a medically-induced coma. When she came out of the coma a month later, still in a haze, Lindsay said she knew something was wrong with her hands and feet.


"I would look down and I would see black, almost like a body that had decomposed," she said.


The infection had turned her extremities into dead tissue. Still sedated, Lindsay said she didn't realize what that meant at first.








Quadruple Amputee Undergoes Hand Transplant Surgery Watch Video









After Hand Transplant, Relearning How to Hold Watch Video







"There was a period of time where they didn't tell me that they had to amputate, but somebody from the staff said, 'Oh honey, you know what they are going to do to your hands, right?' That's when I knew," she said.


After having her hands and feet amputated, Lindsay adapted. She learned how to drink from a cup, brush her teeth and even text on her cellphone with her arms, which were amputated just below the elbow.


"The most common questions I get are, 'How do you type,'" she said. "It's just like chicken-pecking."


PHOTOS: Lindsay Ess Gets New Hands


Despite her progress, Lindsay said she faced challenges being independent. Her mother, Judith Aronson, basically moved back into her daughter's life to provide basic care, including bathing, dressing and feeding. Having also lost her feet, Lindsay needed her mother to help put on her prosthetic legs.


"I've accepted the fact that my feet are gone, that's acceptable to me," Lindsay said. "My hands [are] not. It's still not. In my dreams I always have my hands."


Through her amputation recovery, Lindsay discovered a lot of things about herself, including that she felt better emotionally by not focusing on the life that was gone and how much she hated needing so much help but that she also truly depends on it.


"I'm such an independent person," she said. "But I'm also grateful that I have a mother like that, because what could I do?"


Lindsay said she found that her prosthetic arms were a struggle.


"These prosthetics are s---," she said. "I can't do anything with them. I can't do anything behind my head. They are heavy. They are made for men. They are claws, they are not feminine whatsoever."


For the next couple of years, Lindsay exercised diligently as part of the commitment she made to qualify for a hand transplant, which required her to be in shape. But the tough young woman now said she saw her body in a different way now.






Read More..

Federal agencies bracing for cuts after ‘fiscal cliff’ deal



The eleventh-hour agreement to avoid a “fiscal cliff” of higher taxes put off the major cuts known as a sequester until March 1, when another showdown is expected over the federal debt limit and how much to reduce the size of government.


Congress and the White House agreed to find $24 billion to pay for the delay, divided between spending cuts and a tax change that allows Americans holding traditional retirement plans to convert more of them to Roth IRAs, a process that requires tax payments up front.

The remaining $12 billion in cuts to domestic and defense agencies will not take effect until at least March 27, when the stopgap budget funding the government expires. The first $4 billion in cuts must come by Sept. 30, the end of the fiscal year, and the remaining $8 billion in fiscal 2014, which will start Oct. 1.

The cuts will be rolled into budget deliberations on Capitol Hill, and no one knows what agencies and programs they will affect. Out of a discretionary spending budget of $1.04 trillion, $12 billion is relatively small. But it’s not a rounding error.

“There will be a few select cuts that will be painful,” said Patrick Lester, fiscal policy director at the Center for Effective Philanthropy (formerly OMB Watch). “We won’t know for months what those cuts are, which makes them easy to do.”

William R. Dougan, president of the National Federation of Federal Employees, said $12 billion “spread across the government doesn’t sound like a lot of money, but it depends on how it’s spread out.”

Even if each agency took a hit, some “will still be looking at furloughs and even [reductions in force] as a possible solution,” he said. Those are some of the near-certain actions many agencies have said they would take if they had to make the across-the-board cuts Congress imposed in 2011 to force itself to reckon with the federal deficit.

On Wednesday, government and union leaders said that threat, just two months away, is making them nervous.

Defense Secretary Leon E. Panetta said Congress has “prevented the worst possible outcome by delaying sequestration for two months.”

But he warned that the “the specter of sequestration” threatens national security.

“We need to have stability in our future budgets,” Panetta said in a statement. “We need to have the resources to effectively execute our strategy, defend the nation, and meet our commitments to troops and their families after more than a decade of war.”

Several officials said they are still sorting out what the two-month delay means.

“We are working hard with [the Office of Management and Budget] to understand the impact, but we’re just not there yet,” said Army Lt. Col. Elizabeth Robbins, a Defense Department spokeswoman.

Defense consultant Jim McAleese said the deal to raise taxes on families with income above $450,000 and individuals earning more than $400,000 will bring in so much less revenue than the $250,000 threshold President Obama proposed that steep defense cuts are inevitable.

Instead of the $10 billion in cuts a year over 10 years that the Defense Department could have expected to see under Obama’s most recent deficit reduction plan, McAleese said the reductions could be more in the range of $15 billion to $20 billion a year over 10 years.

“People were talking before about defense cuts of $10 billion per year, but the sheer size of the disagreement is going to bring about an immediate, aggressive reaction that will impact the final outcome of the spending cuts,” he said.

Colleen M. Kelley, president of the National Treasury Employees Union, said of the $12 billion in cuts, “I would hope agencies could find these savings without impacts on front-line employees and without impacts on services to the public. We have more questions than answers right now.”

Steve Vogel contributed to this report.

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600 Indian guitarists play tribute to gang-rape victim






NEW DELHI: A group of 600 guitarists have paid a musical tribute to an Indian gang-rape victim, playing "Imagine" by John Lennon in a bid to spread "hope, peace and promise" in a country still coming to terms with the violence.

The group assembled at a music festival in the eastern Indian hilltown of Darjeeling on Thursday, nearly three weeks after the brutal rape and murder of a student on a moving bus in New Delhi brought an outpouring of national anger.

"We chose this song because it talks about hope, peace and promise," Sonam Bhutia, tourism secretary of Darjeeling and one of the festival organisers, told AFP by telephone.

"The song is so inspiring. It talks about a universe without any boundaries," Bhutia said of the 1971 Lennon track.

"The tribute was a gesture on our part to show that we are with the victim's family in their hour of unimaginable sorrow."

The scenic town of Darjeeling, in a part of India wedged between Nepal and Bhutan, is famous for its tea.

The savage attack on the woman has triggered countrywide protests with calls for better safety and an overhaul of laws governing crimes against women.

-AFP/fl



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Supreme Court notice to centre on fast-tracking sexual abuse cases

NEW DELHI: The Supreme Court on Friday issued notice to the central government on two PILs seeking fast-tracking of all cases of sexual abuse against women and awarding them compensation.

The court also issued notice on the plea seeking creation of additional courts, improving judicial infrastructure and filling of existing vacancies.

An apex court bench of Justice KS Radhakrishnan and Justice Dipak Misra, however, declined to entertain a plea seeking directions to disqualify elected representatives facing criminal cases.

The court said that it could not pass orders on such a plea and that it would issue notice only on the prayers that concerned the violation of the people's fundamental rights.

The notice is returnable in four weeks. The court issued notice on the petitions that were filed in the wake of the gang-rape and torture of a young women by six men in a moving bus in Delhi.

One of the petitioners is Promila Shanker, a retired Indian Administrative Service officer.

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Pictures We Love: Best of 2012

Photograph by Mindy Schauer, Orange County Register/AP

Powder-splattered, and powder-splattering, runners cross the finish line of The Color Run 5K in Irvine, California, on April 22. Each kilometer (0.6 mile) of the event features a color-pelting station dedicated to a single hue, culminating in the Pollock-esque riot at kilometer 5.

The "magical color dust" is completely safe, organizers say, though they admit it's "surprisingly high in calories and leaves a chalky aftertaste."

See more from April 2012 >>

Why We Love It

"Vibrant color floating through the air automatically brings to mind festive Holi celebrations in India. We expect to see revelers in Mumbai but instead find a surprise in the lower third of the frame—runners in California!"—Sarah Polger, senior photo editor

"There are a lot of eye-catching photographs of the festival of Holi in India that show colored powder in midair, but this particular situation has the people all lined up in a row—making it easy to see each of their very cinematic facial expressions."—Chris Combs, news photo editor

Published January 3, 2013

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Ex-USC Player: Painkiller Injections Caused Heart Attack













Despite stated label risks of possible fatal heart attack, stroke or organ failure, college football players across the country are still being given injections of a powerful painkiller on game days so they can play while injured, an ABC News investigation has found.


The drug, a generic version of Toradol, is recommended for the short-term treatment of post-operative pain in hospitals but has increasingly been used in college and professional sports, and its use is not monitored by the NCAA, the governing body of college sports.


Only two of the country's top football programs, Oklahoma and the University of Nebraska, reported to ABC News that they have limited or stopped the use of the drug in the wake of growing concern about its risks.


Which Top-Ranked College Football Teams Use Toradol?


Oklahoma said it stopped using the painkillers in 2012 after using them repeatedly in 2010 and 2011.


Nebraska said its doctors now restrict its use.


SEND TIPS About Painkiller Use in College Sports to Our Tipline


"While team physicians reserve the option to use injectable Toradol, it is rarely prescribed, and its use has been avoided this season following reports of heightened concern of potential adverse effects," Nebraska said in a statement to ABC News.






Stephen Dunn/Getty Images











Despite Risks, College Football Still Uses Powerful Painkiller Watch Video





The top two college football programs, Notre Dame and Alabama, refused to answer questions from ABC News about the painkiller. They play for the national college championship on Jan. 7.


Controversy surrounding the drug has grown this year following claims by former USC lineman Armond Armstead that he suffered a heart attack after the 2010 season, at age 20, following shots of generic Toradol administered over the course of the season by the team doctor and USC personnel.


"I thought, you know, can't be me, you know? This doesn't happen to kids like me," Armstead told ABC News.


The manufacturers' warning label for generic Toradol (ketorolac tromethamine) says the drug is not intended for prolonged periods or for chronic pain and cites gastrointestinal bleeding and kidney failure as possible side effects of the drug.


In addition, like other drugs in its class, the generic Toradol label warns "may cause an increased risk of serious cardiovascular thrombotic events, myocardial infarction (heart attack), and stroke, which can be fatal."


"This risk may increase with duration of use," the so-called black box warning reads.


In a lawsuit against the school and the doctor, Dr. James Tibone, Armstead claims the school ignored the stated risks of the drug and never told him about them.


"He was a race horse, a prize race horse that needed to be on that field no matter what," said Armstead's mother Christa. "Whether that was a risk to him or not."


Armstead says he and many other USC players would receive injections of what was known only as "the shot" in a specific training room before big games and again at half-time.


"No discussion, just go in. He would give the shot and I would be on my way," Armstead told ABC News.


Armstead said the shot made him feel "super human" despite severe ankle, and later shoulder pain, and that without it, he never could have played in big USC games against Notre Dame and UCLA.


"You can't feel any pain, you just feel amazing," the former star player said.


USC declined to comment on Armstead's claims, or the use of Toradol to treat Trojan players.


An ABC News crew and reporter were ordered off the practice field when they tried to question USC coach Lane Kiffin about the use of the painkiller. USC says the ABC News crew was told to leave because they had not submitted the appropriate paperwork in advance to attend the practice session.






Read More..

Federal agencies bracing for cuts after ‘fiscal cliff’ deal



The eleventh-hour agreement to avoid a “fiscal cliff” of higher taxes put off the major cuts known as a sequester until March 1, when another showdown is expected over the federal debt limit and how much to reduce the size of government.


Congress and the White House agreed to find $24 billion to pay for the delay, divided between spending cuts and a tax change that allows Americans holding traditional retirement plans to convert more of them to Roth IRAs, a process that requires tax payments up front.

The remaining $12 billion in cuts to domestic and defense agencies will not take effect until at least March 27, when the stopgap budget funding the government expires. The first $4 billion in cuts must come by Sept. 30, the end of the fiscal year, and the remaining $8 billion in fiscal 2014, which will start Oct. 1.

The cuts will be rolled into budget deliberations on Capitol Hill, and no one knows what agencies and programs they will affect. Out of a discretionary spending budget of $1.04 trillion, $12 billion is relatively small. But it’s not a rounding error.

“There will be a few select cuts that will be painful,” said Patrick Lester, fiscal policy director at the Center for Effective Philanthropy (formerly OMB Watch). “We won’t know for months what those cuts are, which makes them easy to do.”

William R. Dougan, president of the National Federation of Federal Employees, said $12 billion “spread across the government doesn’t sound like a lot of money, but it depends on how it’s spread out.”

Even if each agency took a hit, some “will still be looking at furloughs and even [reductions in force] as a possible solution,” he said. Those are some of the near-certain actions many agencies have said they would take if they had to make the across-the-board cuts Congress imposed in 2011 to force itself to reckon with the federal deficit.

On Wednesday, government and union leaders said that threat, just two months away, is making them nervous.

Defense Secretary Leon E. Panetta said Congress has “prevented the worst possible outcome by delaying sequestration for two months.”

But he warned that the “the specter of sequestration” threatens national security.

“We need to have stability in our future budgets,” Panetta said in a statement. “We need to have the resources to effectively execute our strategy, defend the nation, and meet our commitments to troops and their families after more than a decade of war.”

Several officials said they are still sorting out what the two-month delay means.

“We are working hard with [the Office of Management and Budget] to understand the impact, but we’re just not there yet,” said Army Lt. Col. Elizabeth Robbins, a Defense Department spokeswoman.

Defense consultant Jim McAleese said the deal to raise taxes on families with income above $450,000 and individuals earning more than $400,000 will bring in so much less revenue than the $250,000 threshold President Obama proposed that steep defense cuts are inevitable.

Instead of the $10 billion in cuts a year over 10 years that the Defense Department could have expected to see under Obama’s most recent deficit reduction plan, McAleese said the reductions could be more in the range of $15 billion to $20 billion a year over 10 years.

“People were talking before about defense cuts of $10 billion per year, but the sheer size of the disagreement is going to bring about an immediate, aggressive reaction that will impact the final outcome of the spending cuts,” he said.

Colleen M. Kelley, president of the National Treasury Employees Union, said of the $12 billion in cuts, “I would hope agencies could find these savings without impacts on front-line employees and without impacts on services to the public. We have more questions than answers right now.”

Steve Vogel contributed to this report.

Read More..

Starbucks to open first store in Vietnam






HANOI: Starbucks said on Thursday it would open its first store next month in Vietnam, seeking a foothold in the coffee-loving country as part of efforts to expand in Asia.

The country's first Starbucks cafe will be in southern Ho Chi Minh City, the US beverage giant said in a joint statement with its local partner, Hong Kong's Maxim Group.

"Vietnam is one of the most dynamic and exciting markets in the world and we are proud to add Vietnam as the 12th market across the China and Asia-Pacific region," said Starbucks China and Asia Pacific president John Culver.

Starbucks has been targeting growth outside of the stagnant US market, opening thousands of stores in China and across the Asia-Pacific region over the past few years.

In October, it opened its first stores in India, in partnership with domestic giant Tata Global Beverages.

Unlike tea-drinking India, Vietnam - the world's second-largest coffee producer - already has a strong local coffee culture with dozens of popular local chains and small coffee-shops on nearly every street corner.

"Starbucks is deeply respectful of Vietnam's long and distinctive local coffee culture," Culver said in the statement.

"We know coffee is a national pride for many Vietnamese and as such, we look forward to contributing and growing Vietnam's already vibrant coffee industry," he added.

Starbucks already purchases "notable" amounts of high-quality arabica coffee from Vietnam and is committed to buying more over the long-term, according to the statement.

Culver said in December that Starbucks will have almost 4,000 stores in the Asia-Pacific region by the end of 2013, including 1,000 in China.

- AFP/de



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Drug trials causing 'havoc' to human life, Supreme Court says

NEW DELHI: The Supreme Court said Thursday that unregulated clinical trials of new drugs were causing "havoc" in the country as it ordered the health ministry to monitor any new applications for tests.

The comments were made during a hearing on a petition detailing deaths and health problems caused by clinical trials carried out on Indians, often without their knowledge or consent.

"Uncontrolled clinical trials are causing havoc to human life," Justice RM Lodha observed.

"There are so many legal and ethical issues involved with clinical trials and the government has not done anything so far."

The judge, who has previously stated that Indians are being used like "guinea pigs", ordered the health secretary to monitor all new applications for trials from pharmaceutical companies.

Low costs, weak laws and inadequate enforcement and penalties have made India an attractive destination for the tests, activists say.

The petitioners in the public interest litigation case — a group of doctors and a voluntary organization — claim several patients seeking medical help in the central state of Madhya Pradesh were used in drug tests.

The groups say they have compiled and submitted a report on more than 200 cases in which patients were subjected to trials to check the efficacy of various new treatments without their permission.

Drug trials are an essential step for pharmaceutical companies in order to win regulatory approval to bring new drugs to market.

Earlier this year, 12 doctors were accused of conducting secret trials on children and patients with learning disabilities. They paid fines of less than $100 each.

Faced with mounting criticism, the Indian Council of Medical Research in 2011 sought proposals from doctors and health activists on new draft guidelines for compensation for people used in drug trials.

Read More..

Pictures: Errant Shell Oil Rig Runs Aground Off Alaska, Prompts Massive Response

Photograph courtesy Jonathan Klingenberg, U.S. Coast Guard

Waves lash at the sides of the Shell* drilling rig Kulluk, which ran aground off the rocky southern coast of Alaska on New Year's Eve in a violent storm.

The rig, seen above Tuesday afternoon, was "stable," with no signs of spilled oil products, authorities said. But continued high winds and savage seas hampered efforts to secure the vessel and the 150,000 gallons (568,000 liters) of diesel fuel and lubricants on board. The Kulluk came to rest just east of Sitkalidak Island (map), an uninhabited but ecologically and culturally rich site north of Ocean Bay, after a four-day odyssey, during which it broke free of its tow ships and its 18-member crew had to be rescued by helicopter.

The U.S. Coast Guard, state, local, and industry officials have joined in an effort involving nearly 600 people to gain control of the rig, one of two that Shell used for its landmark Arctic oil-drilling effort last summer. "This must be considered once of the largest marine-response efforts conducted in Alaska in many years," said Steve Russell, of Alaska's Department of Environmental Conservation.

The 266-foot (81-meter) rig now is beached off one of the larger islands in the Kodiak archipelago, a land of forest, glaciers, and streams about 300 miles (482 kilometers) south of Anchorage. The American Land Conservancy says that Sitkalidak Island's highly irregular coastline traps abundant food sources upwelling from the central Gulf of Alaska, attracting large numbers of seabirds and marine mammals. The largest flock of common murres ever recorded by the U.S. Fish and Wildlife Service was in Sitkalidak Strait, which separates the island from Kodiak. Sitkalidak also has 16 wild salmon rivers and archaeological sites tied to the Alutiiq native peoples dating back more than 7,000 years.

Shell incident commander Susan Childs said Monday night that the company's wildlife management team had started to assess the potential impact of a spill, and would be dispatched to the site when the weather permitted. She said the Kulluk's fuel tanks were in the center of the vessel, encased in heavy steel. "The Kulluk is a pretty sturdy vessel," she said. " It just remains to be seen how long it's on the shoreline and how long the weather is severe."

Marianne Lavelle

*Shell is sponsor of National Geographic's Great Energy Challenge initiative. National Geographic maintains editorial autonomy.

Published January 2, 2013

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Obama Signs 'Fiscal Cliff' Bill With Autopen


Jan 3, 2013 12:53am







ap obama fiscal cliff press Conference thg 130101 wblog Obama Signs Fiscal Cliff Bill With Autopen

Charles Dharapak/AP Photo


HONOLULU, Hawaii — President Obama has signed the “fiscal cliff” legislation into law via autopen from Hawaii, where he is vacationing with his family.


The bill to avert the “fiscal cliff” arrived at the White House late this afternoon and it was immediately processed, according to a senior White House official. A copy was delivered to the president in Hawaii for review. He then directed the bill to be signed by autopen back in Washington, D.C.


The Bush administration deemed in 2005 that the use of the autopen is constitutional, although President George W. Bush never used the mechanical device to replicate his signature on a bill.


The office of legal counsel found at the time that Article 1, Section 7 of the Constitution allows the president to use the autopen to sign legislation, stating “the President need not personally perform the physical act of affixing his signature to a bill to sign it.”


Obama has used the autopen twice in the past to sign legislation, both times while he was overseas.


Use of the autopen has been controversial.  Conservative groups alleged last summer that Obama used an autopen to sign condolence letters to the families of Navy SEALs killed in a Chinook crash in Afghanistan — a charge the White House disputed flatly as false.


In 2004, then-Secretary of Defense Donald Rumsfeld was criticized for using an autopen to sign condolence letters to the families of fallen troops.


And in 1992 then-Vice President Dan Quayle even got into some hot water over his use of the autopen on official correspondence during an appearance on “This Week with David Brinkley.”


Obama, who arrived back in Hawaii early Wednesday morning to continue his family vacation, spent the afternoon golfing with friends at the Marine Corps base at Kaneohe Bay.


Obama is slated to remain in Hawaii through Saturday.


ABC News’ Jonathan Karl contributed to this report



SHOWS: Good Morning America This Week World News







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Tennis: Davis Cup row brews in India






CHENNAI, India: Indian tennis was hit by controversy on Wednesday over reports that top players may boycott next month's Davis Cup tie against South Korea if a slew of demands were not met.

The group of players, headed by Somdev Devvarman, want a better distribution of the Davis Cup prize money, a change in the support staff and involvement in the choice of venues for ties.

The All-India Tennis Association (AITA) and the players currently have a 50-50 share of the prize money sent by the world governing body from revenues earned from the tournament.

The players also wanted non-playing captain Shiv Misra and national coach Nandan Bal to be replaced and a full-time physiotherapist be inducted in the squad.

Both the AITA and Devvarman played down a report in Wednesday's Hindustan Times that the players could stay away from the Cup tie against the Koreans if their demands were ignored.

The Asia-Oceania group one tie in New Delhi from February 1-3 will take the winners into the play-offs for next year's elite world group.

"I don't want to point fingers at anyone or make an alarming statement," said Devvarman, who is taking part in the ongoing ATP Chennai Open.

"You will probably hear more about it in the days to come."

An AITA official, who did not want to be named, accepted the players had made suggestions which will be discussed before the Cup squad is named around January 11.

"It's not as serious an issue as is being made out," the official told AFP. "We have already spoken to the players and will arrive at an agreement soon."

Among those players supporting Devvarman' stance are senior players Mahesh Bhupathi and Rohan Bopanna, but former captain Leander Paes is not part of the group.

Trouble had also erupted ahead of the London Olympics last year when both Bopanna and Bhupathi declined to partner Paes at the Games for what they said were personal and professional reasons.

The controversy started after the AITA initially named the veteran duo of Bhupathi and Paes for the doubles, even though Bhupathi wanted to play with his then partner Bopanna.

The AITA were later forced to pick two doubles teams for the Olympics, with Paes pairing with lower-ranked Vishnu Vardhan, and Bhupathi partnering Bopanna.

Both pairs fell in early rounds at the Games.

Devvarman, who was India's top player with a ranking of 62 in mid-2011, fell to 663 by the end of last year when he was sidelined with a shoulder injury for almost seven months.

The 27-year-old proved he was fit again as he defeated the 106th-ranked Jan Hajek of the Czech Republic in the first round of the Chennai Open on Tuesday.

- AFP/de



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Cold wave hits normal life in Punjab, Haryana

CHANDIGARH: Normal life was thrown out of gear as intense cold conditions prevailed in most parts of Punjab and Haryana with mercury dropping by up to three notches below normal in the two states.

Due to dense fog and mist which resulted in low visibility, rail, road and air traffic remained disrupted as many trains and flights were either rescheduled or cancelled for various destinations.

People will not get any respite from icy winds for the time being as the MeT department in its forecast said cold wave will continue for next 2 to 3 days and maximum temperature will remain well below 16 degrees Celsius in plain areas of Punjab and Haryana.

"Current weather conditions will continue to prevail for next 2-3 days in Punjab and Haryana," Chandigarh MeT Department, Director, Surinder Pal said today.

Fog and mist will also occur during next 24 hours, the MeT Department said.

The MeT Department has also warned of ground frost that may occur at a few places in both states.

Narnaul in Haryana remained the coldest place in plains of both states with minimum at 2.4 deg C, down by three notches below normal.

Bhiwani and Hisar had a low of 3.6 deg C and 4 deg C respectively, while Ambala and Karnal shivered at 5.5 deg C and 5 deg C, down by two notches below normal.

Union Territory of Chandigarh had a low of 4.2 deg C, dipping by a degree below normal.

In Punjab, Amritsar recorded minimum temperature of 7.2 deg C, up by 4 degrees above normal, while Ludhiana and Patiala had a low of 7 deg C and 5.5 deg C respectively.

The maximum temperature in Punjab and Haryana has also observed sharp drop with mercury at most of the places in two states dropping by up to whopping 11 notches below normal.

On Tuesday, Patiala had a maximum of 9.5 deg C, down by 11 degrees below normal. Similarly Chandigarh and Ambala had a maximum of 11.3 deg C and 10.8 deg C.

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Obama Hails 'Cliff' Deal, Warns of Next Fiscal Fight













Minutes after the House of Representatives approved a bipartisan Senate deal to avert the "fiscal cliff" and preserve Bush-era tax cuts for all Americans making less than $400,000 per year, President Obama praised party leaders and wasted little time turning to the next fiscal fight.


"This is one step in the broader effort to strengthen our economy for everybody," Obama said.


Obama lamented that earlier attempts at a much larger fiscal deal that would have cut spending and dealt with entitlement reforms failed. He said he hoped future debates would be done with "a little less drama, a little less brinksmanship, and not scare folks quite as much."


But Obama drew a line in the sand on the debt ceiling, which is set to be reached by March.


"While I will negotiate over many things, I will not have another debate with this Congress over whether they should pay the bills for what they've racked up," Obama said. "We can't not pay bills that we've already incurred."


An hour after his remarks, Obama boarded Air Force One to return to his planned Hawaiian holiday vacation, reuniting with his family, who have been vacationing there since just before Christmas.






AP Photo/Charles Dharapak















'Fiscal Cliff' Negotiations: Congress Reaches Agreement Watch Video





House Republicans agreed to the up-or-down vote Tuesday evening, despite earlier talk of trying to amend the Senate bill with more spending cuts before taking a vote. The bill delays for two months tough decisions about automatic spending cuts that were set to kick in Wednesday.


A majority of the Republicans in the GOP-majority House voted against the fiscal cliff deal. About twice as many Democrats voted in favor of the deal compared to Republicans. One hundred fifty-one Republicans joined 16 Democrats to vote against the deal, while 172 Democrats carried the vote along with 85 Republicans.


The Senate passed the same bill by an 89-8 vote in the wee hours of New Year's Day. If House Republicans had tweaked the legislation, there would have been no clear path for its return to the Senate before a new Congress is sworn in Thursday.


The vote split Republican leaders in the House. House Speaker John Boehner, R-Ohio, voted yes, and so did the GOP's 2012 vice presidential candidate, Rep. Paul Ryan, R-Wis.


But House Majority Leader Eric Cantor, R-Va., the No. 2 Republican in the House, voted no. It was his opposition that had made passage of the bill seem unlikely earlier in the day.


The deal does little to address the nation's long-term debt woes and does not entirely solve the problem of the "fiscal cliff."


Indeed, the last-minute compromise -- far short from a so-called grand bargain on deficit reduction -- sets up a new showdown on the same spending cuts in two months amplified by a brewing fight on how to raise the debt ceiling beyond $16.4 trillion. That new fiscal battle has the potential to eclipse the "fiscal cliff" in short order.


"Now the focus turns to spending," said Boehner in a statement after the vote. "The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable for the 'balanced' approach he promised, meaning significant spending cuts and reforms to the entitlement programs that are driving our country deeper and deeper into debt."


Republicans hope that allowing the fiscal cliff compromise, which raised taxes without an equal amount of spending cuts, will settle the issue of tax rates for the coming debates on spending.






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Senate approves deal to avoid worst of ‘fiscal cliff’



The agreement primarily targets taxpayers who earn more than $450,000 per year, raising their rates for wages and investment profits. At the same time, the deal would protect more than 100 million households earning less than $250,000 a year from income tax increases scheduled to take effect Jan. 1.


The deal came together barely three hours before the midnight deadline, after negotiators cleared two final hurdles involving the estate tax and automatic spending cuts set to affect the Pentagon and other federal agencies this week.

Republicans gave in on the spending cuts, known as sequestration, by agreeing to a two-month delay in budget reductions that would be paid for in part with new tax revenue, a condition they had resisted. And the White House made a major concession on the estate tax, agreeing to terms that would permit estates worth as much as $15 million to escape taxation by the end of the decade, Democrats said.

As Biden rushed to the Capitol to brief Senate Democrats on the deal, Majority Leader Harry M. Reid (D-Nev.) laid plans for a vote shortly after midnight, when taxes were set to rise for virtually every American.

“I think we’ll get a very good vote tonight,” a beaming Biden said as he emerged from the meeting with Democrats after nearly two hours. “But happy new year and I’ll see you all maybe tomorrow.”

About three hours later, just before 2 a.m., the gavel finally fell on a sweeping bipartisan vote designed to send a signal to the more unstable House that passage was imperative. Just three Democrats and five Republicans opposed the measure. The moment served as a rare bipartisan coda to what has been one of the most rancorous, partisan Congresses in recent history, as the 11 retiring senators received hugs and kisses from senators, bidding what is likely a final farewell as colleagues.

Now the measure heads to the House, where Speaker John A. Boehner (R-Ohio) pledged to bring it to a vote in the coming days.

Senior aides predicted the measure would pass the House with bipartisan support. But Boehner’s decision to delay the vote meant the nation would tumble over the cliff at least briefly.

In addition to dealing with the fiscal crisis, the measure would extend federal farm policies through September, averting an estimated doubling of milk prices. The deal also nixed a set pay raise for members of Congress.

During a midday event at the White House, Obama praised the emerging agreement even though it would raise only about $600 billion over the next decade by White House estimates — far less than the $1.6 trillion the president had initially sought to extract from the nation’s richest households.

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Japan's Sharp considering US$1.15b public offering: report






TOKYO: Embattled Japanese electronics firm Sharp is considering making a public share offering worth more than 100 billion yen ($1.15 billion) early this year, a report said Tuesday.

The public offering could take place in the spring with the firm hoping to use the funds to strengthen its mainstay liquid crystal display (LCD) business and improve its creditworthiness, the Yomiuri Shimbun newspaper said.

Sharp has started talks with major creditor banks and wants to include the capital increase scheme in a mid-term business plan to be announced as early as February, the mass-circulation daily said without naming its sources.

The cash-strapped company said in December it had struck a 9.9-billion-yen capital injection deal with US-based chipmaker Qualcomm as it moves to repair its tattered balance sheet.

The Qualcomm deal will see the pair jointly develop energy-efficient LCD panels for smartphones using the Japanese firm's technology, with the US company initially getting about 2.64 per cent of Sharp's stock.

Japan's battered electronics sector has suffered from a myriad of problems including a high yen, slowing demand in key export markets, fierce overseas competition and strategic mistakes that left its finances in ruins.

Sharp has suffered a series of credit rating downgrades and warned it expects to lose about $5.6 billion in the fiscal year to March 2013.

The Osaka-based maker of Aquos-brand electronics has announced thousands of job losses while cutting wages for employees -- from the factory floor to the boardroom -- and selling real estate to shore up its balance sheet.

Sharp said last year it had reached a capital injection deal worth about $800 million with Taiwan's Hon Hai Precision, which makes Apple gadgets in China, but the deal stalled as Sharp's share price nosedived.

-AFP/ac



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Indian Air Force to airlift 370 stranded passengers between Jammu, Leh

JAMMU: Indian Air Force will today airlift 370 passengers stranded between winter capital city Jammu and Leh belt of Ladakh region, officials said.

"IAF would be airlifting 370 stranded people between Jammu and Leh today," PRO, ministry of defence, S N Acharya told PTI.

IL-76 would ferry 120 people, mostly belonging to Kargil district of Ladakh region, from Jammu to Leh and 250 people from Leh to Jammu, Acharya said.

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Space Pictures This Week: Ice “Broccoli,” Solar Storm









































































































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Senate Approves 'Fiscal Cliff' Deal, Sends to House












Hours past a self-imposed deadline for action, the Senate passed legislation early New Year's Day to neutralize a fiscal cliff combination of across-the-board tax increases and spending cuts that kicked in at midnight. The pre-dawn vote was a lopsided 89-8.



Senate passage set the stage for a final showdown in the House, where a vote was expected later Tuesday or perhaps Wednesday on the measure, which also raises tax rates on wealthy Americans.



Even by the recent dysfunctional standards of government-by-gridlock, the activity at both ends of historic Pennsylvania Avenue was remarkable as the administration and lawmakers spent the final hours of 2012 haggling over long-festering differences.



"It shouldn't have taken this long to come to an agreement, and this shouldn't be the model for how we do things around here," said Senate Republican leader Mitch McConnell, who negotiated the agreement with Vice President Joe Biden.



Under the deal, taxes would remain steady for the middle class and rise at incomes over $400,000 for individuals and $450,000 for couples — levels higher than President Barack Obama had campaigned for in his successful drive for a second term in office.



Spending cuts totaling $24 billion over two months aimed at the Pentagon and domestic programs would be deferred. That would allow the White House and lawmakers time to regroup before plunging very quickly into a new round of budget brinkmanship certain to revolve around Republican calls to rein in the cost of Medicare and other government benefit programs.





Officials also decided at the last minute to use the measure to prevent a $900 pay raise for lawmakers due to take effect this spring.



"One thing we can count on with respect to this Congress is that if there's even one second left before you have to do what you're supposed to do, they will use that last second," the president said in a mid-afternoon status update on the talks. Yet when the roll was called nearly 12 hours later, only six Republicans and two Democrats opposed the measure.



As darkness fell on the last day of the year, Obama, Biden and their aides were at work in the White House, and lights burned in the House and Senate. Democrats complained that Obama had given away too much in agreeing to limit tax increases to incomes over $450,000, far above the $250,000 level he campaigned on. Yet some Republicans recoiled at the prospect of raising taxes at all.



Democratic senators said they expected a post-midnight vote on the measure. They spoke after a closed-door session with Vice President Joseph Biden, who brokered the deal with Senate Republican leader Mitch McConnell.



"The argument is that this is the best that can be done on a bipartisan basis," said Sen. Dianne Feinstein, D-Calif., when asked about the case the vice president had delivered behind closed doors.



Passage would send the measure to the House, where Speaker John Boehner, R-Ohio, refrained from endorsing a package as yet unseen by his famously rebellious rank-and-file. He said the House would not vote on any Senate-passed measure "until House members — and the American people — have been able to review" it.



Numerous GOP officials said McConnell and his aides had kept the speaker's office informed about the progress of the talks.



The House Democratic leader, Rep. Nancy Pelosi of California, issued a statement saying that when legislation clears the Senate, "I will present it to the House Democratic caucus."





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Senate negotiators yet to reach ‘fiscal cliff’ deal as clock winds down



With a New Year’s Eve deadline hours away, Democrats abandoned their earlier demand to raise tax rates on household income over $250,000 a year, as President Obama vowed during the recent presidential campaign.


They also relented on the politically sensitive issue of the estate tax, promising to stage a vote in the Senate that would guarantee that taxes on inherited estates remain at their current low levels, a key GOP demand.

Still, McConnell (R-Ky.) was holding out to set the income threshold for tax increases even higher, at $550,000, according to people close to the talks in both parties. And he was protesting a Democratic proposal to raise taxes on investment profits for households with income above $250,000.

The two sides were also sharply at odds over automatic spending cuts set to decimate budgets at the Pentagon and other federal agencies next month. Democrats were seeking to delay the cuts, known as the “sequester,” until 2015, without identifying other savings to compensate. They were also pressing to extend unemployment benefits, farm subsidies and Medicare payments to doctors, again without offsetting cuts as Republicans demand.

Unless the two sides can reach agreement, historic tax hikes are set to hit virtually every American on Jan. 1, potentially driving the nation back into recession. An impasse would also throw the coming tax filing season into chaos, as nearly 30 million unsuspecting taxpayers would be required to pay the costly alternative minimum tax for the first time.

As Biden and McConnell traded phone calls deep into the night, lawmakers waited anxiously for news. Though members of both parties received lengthy briefings from their respective leaders about the status of the talks, senators were just as likely to predict that the nation was on the verge of a self-inflicted economic crisis as they were to predict that salvation was at hand.

“I think we’re going over the cliff,” Sen. Lindsey O. Graham (R-S.C.) wrote on Twitter in the middle of the day.

“The two parties are so close that they can’t afford to walk away,” Sen. Mike Johanns (R-Neb.) countered hours later. “I continue to be optimistic.”

Biden, a veteran dealmaker who served in the Senate for 36 years, entered the talks Sunday at McConnell’s request after the Republican leader said he had grown “frustrated” by the pace of negotiations with Senate Majority Leader Harry M. Reid (D-Nev.).

Personal relations between the two Senate leaders have deteriorated after two years of draining battles over the budget. On Sunday, their antagonism produced a confusing day when talks seemed to be collapsing even as the two sides were moving closer to agreement on several fundamental issues.

Reid blamed McConnell for the impasse, saying Republicans were insisting on a change in the way inflation is measured that would serve to reduce Social Security benefits — a red flag for Democrats. Early in the day, Democratic aides described McConnell’s continued insistence on the change, known as “chained CPI,” as a ”major setback.”

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India's trauma turns to anger at gang-rape killing






NEW DELHI: Horror at a deadly gang-rape that appalled India has turned to anger in New Delhi, where a leaden-footed government is accused of being out of touch and out of ideas in handling its latest crisis.

On Sunday evening, as dusk descended on an area of the Indian capital where protesters have assembled daily since the December 16 rape of a 23-year-old medical student, a group ran through the crowd with an effigy.

It depicted Sheila Dikshit, the 74-year-old chief minister of New Delhi blamed by many for failing to prevent Delhi becoming known as India's "rape capital".

The victim was repeatedly raped and violated with an iron bar on a bus before being thrown off the moving vehicle. She suffered horrific injuries and died on Saturday.

"Tomorrow it could be my sister or me," Soumya Tandon, a 26-year-old marketing executive, told AFP. "I take a bus from near my office and every day my mother is worried if I will reach home safely. Why should we live in constant fear?"

Under the watchful eye of hundreds of riot police, Dikshit's effigy was burnt to cheers, underlining the ugly mood among young urban voters who are increasingly vocal in denouncing their leaders as too old and too complacent.

"We are the future of this nation, they need to connect with us," said 32-year-old Mayuri Goswami, a chartered accountant carrying a banner that read "Time to engage, not disconnect. Wake up, leaders".

"They need to involve us more, try and understand our emotions and anger," he said.

Dikshit, who once said a female journalist murdered in Delhi should not have been so "adventurous" as to be out on her own late at night, is not the only target amid a chorus of calls for change.

Prime Minister Manmohan Singh, an 80-year-old former academic who struggles to connect with voters, called for "dispassionate debate" in a brief statement after the woman's death as the nation was consumed by grief.

As politicians of all stripes struggled to measure the mood and find the right language, the Minister for Women Krishna Tirath failed to make herself heard.

Heavy-handed policing and insensitive comments only stirred more anger.

The president's son, Abhjit Mukherjee, called the protesters "painted ladies", while others blamed provocative clothing and suggested withdrawing skirts at school to curb harassment.

Another protester's poster took aim at Rahul Gandhi, the 41-year-old "youth leader" of the ruling Congress party who is expected to be a prime ministerial candidate in 2014 national elections.

The aloof Oxford graduate -- the latest in the Gandhi political dynasty -- has made few public comments on the crime, which brought simmering anger over widespread abuse of women to boiling point.

"I am not Rahul Gandhi. I have guts to save my sisters," read one banner.

Commentary on the victim's ordeal has tended to place the assault at the centre of forces churning up one of the world's most diverse countries.

Economic growth of nearly 10 percent over the last decade has led to hectic urbanisation that has brought changed moral codes and lifestyles, a more global outlook and globalised trends, as well as simmering class and gender tensions.

Many reasons have been posited for the assault, a commonplace crime in India. A recent poll found it to be the worst in the G20 group of nations for women because of infanticide, child marriage and abuse.

Analysis has focused on India's deeply patriarchal society, in which misogyny runs deep and women are at best second-class citizens and at worst mere objects to be owned, enjoyed or abused by men.

But did the country's gender imbalance as a result of female foeticide play a role? And what about frustration among young Indians in an increasingly sexualised society?

"In our attitudes to sex, we are midway between the liberal democracies of the West and fundamentalist Islamic societies," wrote Palash Krishna Mehrotra, author of "The Butterfly Generation", this week.

In the "old versus new" narrative, most analysts agree that the scandal highlighted the growing battle line between young middle-class urban India -- the future of the country -- and a government still run by men of pensionable age.

Madhuresh Kumar of the non-profit National Alliance of People's Movement, says the protesters represent a new kind of movement which is urban and rooted in globalised, aspirational India.

"This class was till now complacent in its material prosperity," Kumar told AFP.

The millions who protested last year, when anti-corruption campaigner Anna Hazare ignited a national campaign against graft, had a similar profile.

Then as now, a political class seen as unable or unwilling to improve India was widely pilloried as failing to respond to a young population yearning for wealth and security.

- AFP/al



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